Hennessy Shannon 4

What Happened

• Director Hennessy Shannon was granted 3,384 restricted stock units (RSUs) on June 15, 2026. The award is reported as a derivative grant at $0.00 per share (no cash paid at grant). The filing shows the grant as an “A” (award/grant) transaction and is reported on Form 4 filed 2026-06-16.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-16 (appears timely).
• Award: 3,384 time‑based restricted stock units (RSUs); reported price $0.00; reported value $0 (derivative grant).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes of note:
  • F1: Granted under the Company’s 2020 Omnibus Incentive Plan.
  • F2: Each RSU represents the contingent right to receive one share of common stock upon vesting.
  • F3: RSUs vest 100% on the earliest of (i) the first anniversary of the grant (or the business day before the next Annual Meeting if earlier), (ii) termination due to death or disability, or (iii) a Change in Control.
• Transaction code: A = Award/grant of derivative securities (not a purchase or sale).

Context

• This is a standard time‑based equity award to a director and does not represent an open‑market purchase or sale. The economic value to the insider depends on ASO’s share price at vesting; such grants are common compensation and not necessarily a signal of personal buying/selling intent.