Bailey John P. 4

What Happened
John Bailey, a director of Pattern Group, was granted 11,356 restricted stock units (RSUs) on May 15, 2026. The reported acquisition price is $0.00, so there was no cash paid; the filing lists the transaction as an award/grant (code A). RSUs are a contingent right to receive shares upon vesting rather than immediate share ownership.

Key Details

• Transaction date: May 15, 2026; Filing date: May 19, 2026 (timely — filed within required two business days).
• Transaction type/code: Award/Grant (A). Price per share reported: $0.00. Total reported value at grant: $0.
• Shares granted: 11,356 RSUs. Each RSU represents the right to one share of Series A common stock upon vesting (F1).
• Vesting terms: RSUs fully vest on the earlier of (i) May 15, 2027 or (ii) the issuer’s 2027 Annual Meeting of Stockholders, subject to continued service (F1).
• Post-transaction holdings: Not specified in the summary provided (Form 4 typically lists beneficial ownership after the transaction).
• Ownership disclosure: Reported securities are held by KL Pattern Holdings LP and KLC Fund I; John Bailey may be deemed to have voting/dispositive power through related entities but disclaims beneficial ownership except for his pecuniary interest (F2).

Context
RSU grants are a common form of equity compensation and do not represent immediately tradable shares until they vest; they are generally considered a retention/compensation action, not a direct market endorsement. The filing appears timely.