Beaufils Ludovic 4

What Happened Ludovic Beaufils (listed role: EP, KASA, WHR LAR & Global IT) was granted 7,255 restricted stock units (RSUs) on 2026-02-16 (transaction code A — award/other acquisition). The award shows an acquisition price of $0.00 (no cash paid). These are derivative awards that will convert one-for-one into common shares upon vesting; they are not immediate open-market purchases or sales.

Key Details

• Transaction date: 2026-02-16; Filing date: 2026-02-18 (timely Form 4 filing).
• Award: 7,255 RSUs at $0.00 (derivative award, code A).
• Vesting: RSUs vest in three substantially equal installments and convert 1:1 to common stock on 03/01/2027, 03/01/2028, and 03/01/2029 (footnote F1).
• Shares owned after transaction: not specified in the filing.
• Nature: Compensation award (not a market purchase or sale); no immediate shares were issued until vesting.

Context: RSU grants are common forms of executive compensation and represent future delivery of shares if vesting conditions are met. They do not indicate an immediate buy or sell by the insider and should be viewed as part of routine compensation unless accompanied by other trading activity.