Berman Mandy 4

What Happened

• Mandy Berman, listed as COO Back‑Up and Education Advisory, received 3,847 shares upon the vesting/settlement of performance‑based restricted stock units (PRSUs) on 2026-02-24 (acquired at $0). To satisfy tax withholding, 1,283 and 2,430 shares were withheld (disposed) at a per‑share value of $71.64, totaling $91,914 and $174,085 respectively (combined $265,999). After withholding, the net increase in shares from this vesting was 134 shares (3,847 − 3,713).

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (filed within the normal 2‑business‑day window).
• Award: 3,847 PRSUs vested (performance period Jan 1, 2023 – Dec 31, 2025).
• Withholding: 1,283 shares withheld for PRSU tax withholding (footnote F2) and 2,430 shares withheld for RSU tax withholding (footnote F3); both withholding lines reported at $71.64/share.
• Net shares retained from this event: 134 shares.
• Ownership after transaction: Not stated in the filing.
• Transaction codes: A = Award/Acquisition; F = shares withheld to satisfy tax obligations (not an open‑market sale).

Context

• This was a vesting/settlement of compensation awards (PRSUs and RSU tax withholding), not a discretionary cash sale or open‑market trade—share withholding to cover taxes is routine in equity compensation settlements.
• The PRSUs were performance‑based, meaning the number vested was contingent on company performance metrics for 2023–2025 (per footnote). The filing shows no indication of a 10b5‑1 sale plan or other trading program.