Jenisch Jan Philipp 4

What Happened

• Jan Philipp Jenisch, Chairman & CEO and a director of Amrize Ltd (AMRZ), was issued a total of 759,297 Amrize ordinary shares on 2026-02-27 through awards/settlements.
• The filing shows two acquisitions at $0.00 per share: 138,582 shares (performance stock units) and 620,715 shares (performance stock option conversion). Because these resulted from award settlements/conversions, Jenisch paid no cash for the shares (total reported cash value $0).

Key Details

• Transaction date: February 27, 2026; Filing date: March 3, 2026 (filed within the typical 2 business-day window).
• Shares reported: 138,582 shares (settlement of performance stock units, F1) and 620,715 shares (vesting/settlement of a performance stock option, F2); combined = 759,297 shares.
• Reported price: $0.00 per share (shares issued on settlement/conversion). Reported cash value: $0.
• Holdings after transaction: not specified in the filing.
• Footnotes:
  • F1 — Settlement of performance stock units converted from Holcim Ltd awards in connection with the June 23, 2025 spin-off; PSUs vested based on Holcim and Amrize performance for 1/1/2023–12/31/2025.
  • F2 — Vesting of a performance stock option converted from a Holcim option at the spin-off; vested based on Holcim and Amrize performance for 1/1/2021–12/31/2025.

Context

• These were awards/settlements (code A on Form 4), not open-market purchases or sales. Awards converted from Holcim equity after the spin-off are commonly part of executive compensation and do not by themselves indicate buying or selling sentiment.
• The derivative item (620,715 shares) reflects an earned performance option/award being settled into ordinary shares rather than an exercise-for-cash or immediate sale.