Schumacher Daniel 4

What Happened

• Daniel Schumacher, Chief Financial Officer of Proto Labs (PRLB), exercised stock options and completed withholding for taxes/exercise-related obligations. On Feb 11, 2026 he exercised or converted options to acquire 3,135 shares at an exercise price of $33.84 per share (cost ~ $106,088). Separately, on Feb 10, 2026 a block of 6,809 shares was surrendered/withheld (code F) at an indicated value of $53.18 per share to cover taxes or exercise payment (~ $362,103).

Key Details

• Transaction dates and prices:
  • 2026-02-10: 6,809 shares surrendered/withheld at $53.18/share for $362,103 (code F — tax/withholding).
  • 2026-02-11: Exercise/conversion (code M) — 3,135 shares acquired at $33.84/share for $106,088.
  • 2026-02-11: Corresponding derivative conversion entry for 3,135 shares shown at $0.00 (bookkeeping for the option-to-share conversion).
• Footnote: F1 — Fully vested.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Filing timeliness: Report filed Feb 12, 2026 covering transactions on Feb 10–11, 2026 — appears timely (not marked late).

Context

• The Feb 11 entries reflect an option exercise (code M). The Feb 10 withholding (code F) represents shares surrendered to satisfy tax withholding or payment obligations related to an award/exercise — a routine administrative step rather than an open-market sale.
• For retail investors: exercising options shows the insider converted options into stock (a form of acquisition), but the simultaneous withholding reduces the net new shares received. These filings show activity but do not by themselves indicate the insider’s market view.