Iyengar Jayanthi 4

What Happened

• Director Jayanthi had 22,164 restricted stock units (RSUs) vest on May 19, 2026; those vested RSUs converted into 22,164 shares (reported as a derivative conversion, code M) at $0.00 per share. On the same date she was also granted 22,641 new RSUs (code A) that vest on May 18, 2027. No open‑market purchase or sale occurred and no cash was paid or received in these transactions.

Key Details

• Transaction date(s): May 19, 2026 (filing date: May 21, 2026).
• Prices: $0.00 per share for both the vest/conversion and the grant (these were compensation awards, not purchases).
• Shares reported: 22,164 shares converted (vested RSUs); 22,641 RSUs newly granted.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — each RSU converts to one common share on vesting. F2 — the 22,164 RSUs were granted May 20, 2025 and vested May 19, 2026. F3 — the 22,641 RSUs were granted May 19, 2026 and vest May 18, 2027.
• Timeliness: Filed May 21, 2026 for a May 19, 2026 transaction — reported within the typical two-business-day Form 4 window.
• Exhibit: Exhibit 24 (Power of Attorney) included.

Context

• These filings reflect routine equity compensation (vested RSUs converted to shares and a new RSU award), not an open‑market buy or sell. Such vesting/grant activity is compensation-related and does not necessarily signal the insider’s view on the stock. The derivative code M indicates conversion of vested derivative securities; code A indicates an award/grant.