Hillman Brett Alan 4

What Happened

• Brett Alan Hillman, EVP — US Sales & Field Services, was granted 27,641 restricted stock units (RSUs) on 2026-03-07 (reported on Form 4 filed 2026-03-10). The RSUs are recorded as acquired at $0 (award/grant).
• On the same date, 8,520 shares were disposed (withheld) to satisfy tax liability: 6,523 shares at $8.14 ($53,097) and 1,997 shares at $8.14 ($16,256), totaling 8,520 shares withheld valued at $69,353.
• This is primarily an equity award (not a cash purchase). The share disposals reflect tax withholding — a routine administrative step rather than an open-market sale.

Key Details

• Transaction date(s): 2026-03-07; Form 4 filed: 2026-03-10 (appears timely within typical 2-business-day window).
• Grant: 27,641 RSUs (acquired at $0). Withholding: 8,520 shares disposed at $8.14 for $69,353 total.
• Shares owned after transaction: not specified in the filing.
• Footnote: The RSUs are a contingent right to one share per RSU and vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued employment.
• Transaction codes: A = Award/Grant; F = Payment of tax liability (shares withheld).

Context

• RSUs are a deferred equity award; the grant itself is not an immediate cash purchase or sale. The F transactions indicate the company withheld shares to cover taxes (common with RSU grants) — not a discretionary open-market sale.
• For retail investors, grants increase potential future insider ownership as RSUs vest, while withholding is routine and does not necessarily signal insider sentiment.