Miller Redonda 4

What Happened
Director Miller Redonda received an award of 557 restricted stock units (RSUs) on 2026-03-05. The filing values the grant at $359.28 per share, for a total grant value of $200,119. This was an award/grant (Form 4 code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-05; Form 4 filed 2026-03-09 (filed on time under the two-business-day rule).
• Type: Grant / Award (Code A).
• Units granted: 557 RSUs.
• Per-share value used: $359.28; total reported value: $200,119.
• Vesting/delivery: RSUs vest 100% on the first anniversary of the grant; actual receipt of shares is deferred until 01/06/2031 (footnote F1).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: Annual grant received for no consideration; vests in one year and delivery deferred (F1).

Context
This is a standard annual RSU grant as part of compensation rather than a market buy or sell. Grants show an executive or director receiving future company shares but do not necessarily signal immediate buying or selling activity.