BROWN PATRICK SIDNEY 4

What Happened

• BROWN PATRICK SIDNEY (SVP, Field Operations) was granted 462 restricted stock units (RSUs) on 2026-06-17. The Form 4 lists the acquisition as an award/derivative (Code A) at $0.00 — no cash exchanged. Each RSU represents a contingent right to receive one share of the company’s Class A common stock.

Key Details

• Transaction date and type: 2026-06-17 — Grant/Award of 462 RSUs (derivative), reported on Form 4 filed 2026-06-22.
• Price/Value: $0.00 per RSU (award); total cash paid = $0.
• Vesting schedule: 154 RSUs vest on March 15, 2027; 154 on March 15, 2028; remaining 154 on March 15, 2029, provided continuous employment through each vesting date (footnotes F1–F2).
• Delivery: Vested shares will be delivered to the reporting person as soon as administratively practicable after vesting (F3).
• Shares owned after transaction: Not specified in this filing.
• Timeliness: The Form 4 was filed five days after the grant date (filed 2026-06-22 for a 2026-06-17 transaction), which is later than the typical two-business-day filing window.

Context

• RSU grants are a common retention/compensation tool and do not represent an open-market purchase or sale. They only convert into actual shares if and when they vest; therefore this award is not an immediate bullish purchase signal. The late filing is an administrative note for investors to be aware of but does not on its own indicate trading intent.