Keenan Suzanne 4

What Happened
Director Suzanne Keenan converted/exercised derivative securities covering 1,766 shares into common stock and was recorded as receiving/being awarded 1,283 restricted stock units (RSUs) on January 31, 2026. All transactions show a $0.00 per-share price, indicating conversion/vesting/settlement activity rather than an open-market purchase or cash sale. No cash changed hands in these reported entries.

Key Details

• Transaction date: 2026-01-31; Form filed 2026-02-03.
• Transactions reported:
  • Code M (exercise/conversion of derivative): 1,766 shares acquired @ $0.00 and 1,766 derivative shares disposed @ $0.00 (represents conversion of derivative position to common shares).
  • Code A (grant/award): 1,283 RSUs acquired @ $0.00 (derivative).
• Shares owned after the transactions: not disclosed in the provided filing.
• Footnotes: F1–F3 state these are restricted stock units (each RSU represents a contingent right to one share; settlement occurs upon vesting and RSUs vest on the date indicated assuming continued service).
• Filing timeliness: filing was made Feb 3, 2026 for transactions dated Jan 31, 2026; the filing does not indicate a late-report designation.

Context
M = exercise/conversion of a derivative security (here, converting RSUs or other derivative units into common shares). A = award/grant of derivative units (RSUs). The $0.00 price reflects vesting/settlement mechanics rather than a market purchase or sale. These types of filings usually reflect compensation vesting and are routine; they do not necessarily signal a buy or sell decision in the open market.