Mayer Saverio 4

What Happened

• Mayer Saverio (President and Chief Executive Officer, Europe, MEA and APAC) was granted 21,031 restricted stock units (RSUs) on 2026-03-11. Each RSU represents the right to receive one ordinary share; the grant was recorded at $0.00 per unit.
• On 2026-03-12, 2,333 ordinary shares were withheld/disposed to satisfy the tax withholding obligation related to the RSU vesting/settlement. The withholding was recorded at $42.20 per share, equal to $98,453.
• This is an equity award (not a market purchase or sale); the withholding is a routine tax-related disposition (cashless withholding), not a directional bet on the stock.

Key Details

• Grant date and type: 2026-03-11 — 21,031 RSUs (code A) at $0.00.
• Tax withholding: 2026-03-12 — 2,333 shares withheld (code F) at $42.20/share; total ~$98,453.
• Vesting: RSUs vest in three equal annual installments beginning on the first anniversary of the grant (footnote).
• Shares owned after the transactions: not specified in the provided filing.
• Filing date: 2026-03-13 — no late-filing flag shown in the provided data.

Context

• RSUs are a compensation award that converts to shares upon vesting; they are not an outright purchase by the insider. The withheld 2,333 shares were used solely to cover tax obligations arising from vesting/settlement.
• Such tax-withholding dispositions are routine and do not necessarily indicate the insider’s view on the company’s stock.