Dick Barry 4

What Happened

• Director Dick Barry received vested restricted stock units (RSUs) that converted into 39,653 shares on July 1, 2026. To cover tax liabilities/exercise costs, 14,673 of those shares were surrendered/withheld (reported as dispositions) at $1.44 per share for a total of $21,129. Net shares retained from the vesting event equal 24,980 shares.
• These transactions are not open-market buys or sales of pre-existing shares but routine vesting/conversion of equity awards and tax withholding.

Key Details

• Transaction dates: RSUs vested and conversions occurred on July 1, 2026; Form 4 filed July 2, 2026 (timely).
• Conversion/award entries: total of 39,653 shares acquired via RSU conversion/exercise (reported with $0 price for the derivative conversion).
• Withholding/disposition entries: 14,673 shares disposed to satisfy tax/exercise obligations at $1.44 per share, total $21,129.
• Net new shares retained from the vesting: 24,980 shares.
• Footnotes: RSUs represent contingent rights to one share each (F1). Grants originated on 9/30/2025, 12/31/2025, 3/31/2026 and 6/30/2026 and vested on July 1, 2026 (F2–F5).
• Filing timeliness: Form 4 was filed promptly (within required window); no late filing flag noted.

Context

• These entries reflect RSU vesting and standard share withholding to cover taxes/exercise costs (transaction code F for withholding; M/A for conversion/award). Such withholding is administrative and does not imply an open-market sale or an expressed trading view by the insider.
• For retail investors, purchase transactions are generally viewed as stronger signals than routine vesting; this filing documents compensation-related vesting rather than discretionary buying or selling.