Kapoor Rohit (RK2) 4

What Happened

• Rohit Kapoor, Managing Director, Singapore, received shares as a result of RSU vesting and related derivative settlements on June 2, 2026. The filing shows a net receipt of 510.019 shares (grant/award) and several derivative conversions/settlements reported at $0.00. No cash purchase or open-market sale occurred — these were award/derivative settlements, not market trades.

Key Details

• Transaction date: June 2, 2026; Form 4 filed June 3, 2026 (next-business-day filing).
• Reported line items (all $0.00 price / derivative-related):
  • Acquired: 1,979.454 shares (exercise/conversion), 35.052 shares (exercise/conversion), and 510.019 shares (grant/award).
  • Disposed/converted: 854.222, 428.141, 697.091, and 35.052 shares (exercise/conversion/disposition entries).
  • Net increase reported = +510.019 shares (the RSU award that vested).
• Shares owned after transaction: not specified in the supplied data.
• Notable footnotes:
  • RSUs convert one-for-one into Class A common shares (F1).
  • Dividend Equivalent Rights (DERs) that accrued on the RSUs were settled in shares on vesting (F2, F3).
  • DERs were calculated using a $1.25 dividend per share and converted into share equivalents (F4).
• Filing timeliness: filed the day after the report date (timely).

Context

• These entries reflect RSU vesting and the settlement/conversion of related derivative interests (including DERs). Such transactions are compensation-driven and not the same as open-market buying or selling — they do not necessarily signal the insider buying or selling shares for investment reasons.
• Some entries show conversions/exercises and corresponding disposals at $0.00 because the filing records the conversion/settlement of derivative rights into shares (and the accounting of those shares), rather than cash transactions.