Elwart Ryan Michael 4

What Happened
Elwart Ryan Michael (Group President) had 7,380 restricted stock units (RSUs) vest on February 13, 2026. The RSUs converted into shares (reported as exercise/conversion of a derivative at $0.00). To satisfy tax withholding, 2,613 shares were withheld/disposed at $14.52 per share for a withholding value of $37,941. Net shares delivered to the insider were 4,767 shares (7,380 vested minus 2,613 withheld).

Key Details

• Transaction date: February 13, 2026. Filing date: February 18, 2026 (appears later than the standard 2-business-day Form 4 deadline).
• Vesting/conversion: 7,380 RSUs → 7,380 shares reported as acquired at $0.00 (derivative conversion).
• Tax withholding: 2,613 shares withheld/disposed at $14.52 each = $37,941.
• Net shares retained by insider: 4,767 shares (approximately $69,217 at $14.52/share).
• Shares owned after the transaction: not reported in this filing.
• Footnotes: F1 — Original grant was 22,140 RSUs on April 26, 2024, vesting in three equal installments starting Feb 13, 2025; 7,380 RSUs vested on Feb 13, 2026. F2 — Shares were withheld to satisfy tax withholding obligations upon vesting.

Context
This was an award/vesting event (not an open-market purchase or a voluntary sale). The disposal reported here is a routine cashless tax-withholding transaction, which reduces the number of shares the insider actually receives. Such withholding is common with RSU vesting and does not by itself indicate a change in insider sentiment.