Walker Kumi D 4

What Happened
Director Walker Kumi D had restricted share units (RSUs) that vested and were converted/settled on May 13, 2026 (455 units), and was also granted 1,573 RSUs the same day. The conversions and the grant are recorded as derivative transactions at $0.00, indicating settlement of RSUs into common shares (and/or deferred RSUs) rather than an open-market purchase or sale — no cash proceeds were reported.

Key Details

• Transaction date: May 13, 2026; Form 4 filed May 14, 2026 (timely).
• Converted/settled: 455 RSUs (reported as exercise/conversion, derivative) — recorded with $0.00 proceeds.
• New grant: 1,573 RSUs awarded (derivative, $0.00).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes:
  • F1: RSUs granted May 14, 2025 vested May 13, 2026; non-deferred vested RSUs were settled one-for-one into common shares; remaining vested RSUs follow any timely deferral election.
  • F2: Each RSU equals a contingent right to one common share.
  • F3: The newly granted RSUs vest on the earlier of the next annual meeting (subject to timing) or May 13, 2027, subject to continued board service; vested units will be settled within prescribed timelines or per any deferral election.

Context: These transactions reflect compensation-related RSU vesting/settlement and a new RSU grant — not an open-market buy or sale. For retail investors, awards and RSU settlements are routine director compensation and do not, by themselves, indicate a buy or sell signal.