Perl Jessica 4

What Happened

• Jessica Perl, Senior Vice President, General Counsel and Corporate Secretary of Emergent BioSolutions (EBS), had 918 shares of company stock withheld to satisfy tax withholding obligations related to the vesting/settlement of restricted stock units (RSUs). The withholding was recorded as a disposition of 918 shares at $11.03 per share, total value $10,126.
• This was a tax-withholding transaction (routine disposition), not an open-market sale intended as a directional bet on the stock.

Key Details

• Transaction date: 2026-02-09; filing date: 2026-02-10 (timely filing).
• Action/code: F (shares withheld to pay taxes on RSU vesting).
• Shares withheld/disposed: 918 at $11.03 each; total value reported $10,126.
• Footnote: F1 — represents shares withheld to pay taxes associated with vesting and settlement of restricted stock units.
• Shares owned after the transaction: not specified in this filing.

Context

• Withholding shares to cover taxes is a common administrative step when RSUs vest (a cashless/net-share settlement) and does not necessarily indicate insider intent to sell shares on the open market.
• For retail investors, purchases by insiders are often more informative about confidence than routine withholdings or disposals for tax purposes.