Johnston Ian A 4

What Happened

• Ian A. Johnston, Chief Financial Officer of Amrize Ltd, received a settlement of performance stock units into 4,257 Amrize ordinary shares on 2026-02-27 (award code A; acquisition price $0.00). To cover tax withholding, 1,941 of those shares were surrendered/disposed at $64.99 per share for a withholding value of about $126,146 (transaction code F).

Key Details

• Transaction date: February 27, 2026; Form 4 filed March 3, 2026 (timely filing).
• Award: 4,257 shares granted/settled (no cash purchase price).
• Withholding/tax disposition: 1,941 shares disposed at $64.99 each, total ≈ $126,146.
• Shares owned after the reported transactions: not specified in the provided filing details.
• Footnote: The shares came from settlement of performance stock units that were conversions of equity awards previously granted by Holcim Ltd, converted following the June 23, 2025 spin-off; the PSUs vested based on Holcim/Amrize performance for Jan 1, 2023–Dec 31, 2025.
• Transaction code explanation: A = award/grant; F = shares withheld/disposed to satisfy tax withholding.

Context

• This was an award settlement, not an open-market purchase or sale; the 1,941-share disposition was a routine tax-withholding event (common when equity awards vest) and should not be read the same as a voluntary sale of shares. The award had no exercise cost to the insider.