Gawlick Rainer 4

What Happened Rainer Gawlick, a director of Proto Labs, was awarded 2,210 deferred stock units on May 19, 2026. The units were reported at $0.00 per share (no cash paid by the insider), so there is no immediate purchase price or cash value realized at grant. This is an equity award (compensation) rather than a market purchase or sale.

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (appears timely).
• Amount: 2,210 deferred stock units; reported price: $0.00.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote: units vest in full on the earlier of the first anniversary of the grant date or the 2027 Annual Meeting of Shareholders, but must be retained until the reporting person's service on the Board ends (per footnote F1).
• Filing timeliness: filed two days after the transaction date, consistent with a timely Form 4 filing.

Context Deferred stock units are a form of director compensation that typically convert to shares (or cash equivalent) upon vesting; because these units are subject to vesting and retention rules, they do not represent immediately tradable shares. Grants at $0.00 indicate an award rather than a purchase or exercised option. This type of transaction is routine for board compensation and should be viewed as a compensation event, not an explicit buy/sell signal.