Carroll Hugh J 4

What Happened

• Carroll Hugh J (Director) reported the conversion/settlement of 2,667 restricted stock units (RSUs) into 2,667 shares on July 2, 2026. The Form 4 shows an acquisition of 2,667 shares and a corresponding disposition of 2,667 shares, each reported at $0.00 (transaction code M — exercise/conversion of a derivative). The filing’s footnotes indicate these were vested RSUs delivered to the reporting person on July 2, 2026.

Key Details

• Transaction date: July 2, 2026; Form 4 filed July 6, 2026.
• Reported price/value: $0.00 per share for both acquisition and disposition (total reported value $0).
• Shares affected: 2,667 shares converted/received and 2,667 shares reported as disposed (derivative).
• Footnotes: F1–F3 confirm these were restricted stock units that vested and were delivered on July 2, 2026; F4 notes a separate grant with vesting on Jan 8, 2027.
• Shares owned after the transaction: not specified on this Form 4.
• Filing timeliness: Form 4 was filed July 6, 2026; no late-filing flag is indicated in the report.

Context

• This was not an open-market purchase or sale; it reflects conversion/settlement of equity awards (RSUs). The dual acquisition/disposition entries at $0 are consistent with RSU vesting and conversion reporting (see footnotes). For retail investors, awards being vested/converted is routine insider compensation and does not by itself indicate a buy or sell signal in the open market.