Alder Melanie 4

What Happened
David K. Wright, CEO of Pattern Group, was granted a total of 500,000 restricted stock units (RSUs) on March 23, 2026—375,000 RSUs and 125,000 RSUs—at $0.00 per share (no cash exchanged at grant). Each RSU represents a contingent right to receive one share of Series A common stock upon vesting. This is an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: March 23, 2026; Form filed March 25, 2026 (appears timely under Section 16 reporting rules).
• Grants: 375,000 RSUs and 125,000 RSUs (total 500,000 RSUs) at $0.00 per RSU.
• Vesting: RSUs vest in equal annual installments over two years following March 23, 2026 (generally 50% after one year, remaining 50% after two years), conditional on continued service. (See footnote F1.)
• Shares owned after the transaction: not specified in the supplied summary of the Form 4.
• Notable disclosures: spouse Melanie Alder is a director and the Issuer’s Chief Strategy Officer (F3). Footnotes also note related irrevocable trusts (F4, F5) and include standard trust disclaimers regarding beneficial ownership.

Context

• RSU grants are a form of compensation that convert to actual shares only upon vesting; they do not involve an immediate cash outlay or sale.
• Because vesting is service-based, these awards are tied to continued employment rather than an immediate market view.
• The filing lists trust-ownership and disclaimers common in insider filings; these do not by themselves indicate trading intent or market sentiment.