Pattern Group (PTRN) CFO Jason Beesley Receives 100,000 RSU Award

What Happened Jason Beesley, Chief Financial Officer of Pattern Group Inc. (PTRN), received a grant of 100,000 restricted stock units (RSUs) on August 11, 2026. The RSUs were awarded at a $0.00 purchase price (grant value reported as $0) and represent a contingent right to one share of Series A common stock per RSU. This is an equity compensation award (grant), not an open‑market purchase or sale.

Key Details

• Transaction type: Award/Grant (Form 4 reported)
• Grant date: 2026-08-11; SEC Form 4 filed 2026-08-12 (appears timely; Form 4 due within two business days)
• Quantity: 100,000 RSUs; grant price reported as $0.00 (no cash paid at grant)
• Vesting: Four equal six‑month installments over two years following August 11, 2026 (25,000 RSUs per installment), subject to continued service
• Shares after transaction: Not specified in the provided filing details
• Footnote: Each RSU is a contingent right to receive one share of Series A common stock upon vesting (see footnote F1). No tax‑withholding or disposition details were reported.

Context RSU grants are a common form of executive compensation and represent potential future shares if vesting conditions are met; they are not an immediate market purchase or sale. Because vesting is service‑based over two years, these units will convert to actual shares only if Beesley remains employed through the applicable vesting dates. The filing appears timely and contains no indications (e.g., 10b5‑1, tax withholding, or immediate sales) that would change the basic nature of this compensation award.