ZANNINO RICHARD F 4

What Happened
Director Richard F. Zannino was granted 5,490 restricted stock units (RSUs) on July 16, 2026. The award was issued at no cash cost (price reported $0.00) and is reported as a derivative grant (transaction code A). This is a compensation award rather than a purchase or sale.

Key Details

• Transaction date: 2026-07-16 (reported on Form 4 filed 2026-07-20). Filing appears timely under the two-business-day Form 4 rule.
• Award: 5,490 RSUs; grant price $0.00 (no cash paid).
• Vesting: RSUs vest in equal installments on July 16, 2027, 2028, and 2029 (i.e., 1,830 RSUs per vesting date), subject to continued service (Footnotes F1 and F2).
• Shares owned after transaction: not specified in the filing.
• Transaction type: A = Award/Grant (derivative security).
• Footnotes: F1 = each RSU represents a contingent right to one share of common stock; F2 = vesting schedule as above.

Context: RSUs are a common form of equity compensation and represent a future right to receive company shares if vesting conditions are met; they do not represent an immediate purchase or sale and therefore are not a direct market signal of insider buying or selling.