Krishna Suresh 4

What Happened
Krishna Suresh, President, CEO and a director of Proto Labs (PRLB), was granted two restricted stock unit awards on February 25, 2026: 13,373 RSUs acquired at $0.00 and 24,383 derivative RSUs acquired at $0.00 (totaling 37,756 units). These were awards (not open-market purchases or sales), so Suresh did not pay cash for the shares—the grants are compensation.

Key Details

• Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (appears timely).
• Awards: 13,373 RSUs (acquired at $0.00) and 24,383 RSUs classified as derivative (acquired at $0.00).
• Total new RSUs: 37,756. No cash exchanged at grant.
• Vesting (per footnotes): 25% of each award vests on February 25, 2027, and 25% on each February 25 thereafter until fully vested (Footnotes F1 & F2).
• Post-transaction holdings: not specified in the provided filing summary.
• Filing type/code: A = Award/Grant. No indication of a 10b5-1 plan, tax withholding, or late filing in the provided data.

Context
Restricted stock units are a common form of executive compensation that vest over time; they do not represent an immediate sale or purchase. Because these are time-vesting RSUs (one-quarter per year starting Feb 25, 2027), they generally aim to retain and align the executive with shareholder interests rather than signal near-term buying or selling intent.