WRIGHT ANDREW WILLIAM BANASICK 4

What Happened
Andrew William Banasick Wright, SVP, General Counsel & Secretary of 3D Systems (DDD), was awarded two grants on March 13, 2026: 62,500 restricted shares of common stock and 62,500 performance share units (derivative), each reported at $0.00 (no purchase price). The restricted stock vests in three equal annual installments (one‑third on April 1, 2027; one‑third on April 1, 2028; and the remainder on April 1, 2029), subject to continued employment. The performance share units vest only if the company’s common stock reaches specified price targets.

Key Details

• Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (timely within the required filing window).
• Grant details: 62,500 restricted shares (award) + 62,500 performance share units (derivative); reported acquisition price $0.00.
• Vesting: Restricted shares vest 1/3 on Apr 1, 2027, 1/3 on Apr 1, 2028, and remainder on Apr 1, 2029 (employment condition). PSUs vest upon achievement of specified stock price targets.
• Shares owned after transaction: Not specified in the filing.
• Transaction code: A = award/grant; the second line is a derivative award (performance-based).
• No indication of a 10b5-1 plan, tax‑withholding sale, or late filing in this report.

Context
These awards are compensation grants rather than open‑market purchases or sales. Restricted stock and performance units are common executive pay tools; restricted shares deliver stock over time with continued service, while PSUs only convert to shares if performance (price) conditions are met. Purchases by insiders can be a clearer bullish signal than routine awards, which are standard for retention and incentives.