D'Amico Andrew 4

What Happened

• Director Andrew D'Amico exercised 1,216 stock options on 2026-06-22 at an exercise price of $32.89 per share (cost ~$39,994) and sold the 1,216 shares in multiple open-market transactions that generated aggregate proceeds of approximately $438,702. The sales were executed at prices ranging roughly from $354.12 to $367.10 per share. On the same date he was also granted 548 shares (award) under the company’s stock plan; those shares vest over five years.

Key Details

• Transaction date: June 22, 2026; Form 4 filed June 24, 2026 (filed timely).
• Exercise: 1,216 shares exercised at $32.89 each (total cash paid ~$39,994).
• Sales: 1,216 shares sold in multiple trades at weighted-average prices between $354.12 and $367.10; total proceeds ≈ $438,702.
• Award: 548 shares granted (zero purchase price) under the Amended and Restated 2000 Stock Option and Incentive Plan; vest over five years.
• Footnotes: One sale was effected under a Rule 10b5-1 trading plan adopted Sept 12, 2024; per-footnote disclosures show the price ranges/weighted averages for the multiple trades.
• Net immediate effect: The exercised shares were sold (cashless/same-day disposition), while the 548 awarded shares are subject to vesting.

Context

• This is a routine insider exercise plus immediate sales — exercising options and selling the resulting shares is common for liquidity or tax purposes and does not, by itself, indicate a change in the director’s view of the company. The new 548-share award is a long-term grant that vests over five years.