Laughlin Scott 4

What Happened

• Director Laughlin Scott received a grant of 2,000 restricted stock units (RSUs) on 2026-04-22 (transaction code A — award/grant). The filing reports an acquisition price of $0.00, so no cash changed hands at grant; the reported immediate value is $0.

Key Details

• Transaction date: 2026-04-22; Form 4 filed: 2026-04-23 (timely filing).
• Shares awarded: 2,000 RSUs; reported acquisition price: $0.00.
• Vesting: awards vest in equal annual installments over four years, with the first installment vesting on the one-year anniversary of the grant (per footnote).
• Shares owned after transaction: not disclosed in the provided filing.
• Transaction type: A (grant/award) — this is a compensation equity grant, not an open-market purchase or sale.

Context

• RSU grants are common as executive/director compensation and represent a future right to receive shares if and when they vest; they do not necessarily signal immediate insider buying or selling.
• Because vesting is spread over four years, the economic benefit to the insider depends on continued service and future share price at each vesting date.