Maddison John Anthony 4

What Happened

• Maddison John Anthony (Chief Product Marketing Officer) received 8,050 shares on Feb 1, 2026 upon vesting of service-based Restricted Stock Units (RSUs). To cover tax withholding, 4,125 shares were surrendered at $275.61/share, generating $1,136,891. The net result was approximately 3,925 shares issued to Maddison.
• The filing shows the conversion/exercise of derivative awards (code M) for the vested RSUs and a tax-withholding share disposition (code F). This is receipt of an award followed by share withholding to satisfy tax obligations — a routine, non-market-sale event.

Key Details

• Transaction date: February 1, 2026; Form 4 filed February 3, 2026 (timely).
• Vested/converted: 8,050 shares (exercise/conversion of derivative, code M).
• Withheld for taxes: 4,125 shares disposed at $275.61/share for $1,136,891 (code F).
• Net shares delivered to insider: ~3,925 (8,050 − 4,125).
• Footnotes: Shares came from two service-based RSU awards (Feb 3, 2025 and Nov 3, 2025). The Feb 3, 2025 award vests 50% on Feb 1, 2026 and 50% on Feb 1, 2027; the Nov 3, 2025 award vests in 12 quarterly increments beginning Feb 1, 2026. Each RSU converts to one share at vesting.
• Shares owned after the transaction are not specified in the provided filing.

Context

• This was not an open-market sale or purchase: it’s vesting of previously granted RSUs with standard share withholding to cover taxes (code F). Such transactions are common when awards vest and do not by themselves signal insider buying or selling intent.
• For retail investors, purchases by insiders carry more weight as potential bullish signals; vesting-and-withholding events are routine compensation mechanics.