BROWN CHRISTOPHER (JOHN) 4

What Happened
Christopher (John) Brown, President of TTEC Digital at TTEC Holdings (TTEC), had 752 restricted stock units (RSUs vest) convert into common shares on July 1, 2026 (reported on Form 4). Of the 752 vested shares, 217 were withheld to satisfy tax withholding obligations (217 shares disposed at $2.10 each, $456 total). No open‑market sale occurred; the net increase to Brown’s holdings from this vesting event was 535 shares.

Key Details

• Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (filed the next day).
• Transactions reported:
  • M (exercise/conversion of derivative): 752 shares acquired at $0.00 (conversion of RSUs).
  • F (tax withholding): 217 shares withheld/disposed at $2.10 per share, $456 total (no shares sold on the open market).
• Net shares added to Brown’s position from this vesting: 752 − 217 = 535 shares.
• Footnotes:
  • F1: These 752 shares are one installment from an initial grant of 3,007 time‑based RSUs awarded July 1, 2022, vesting ~25% per year.
  • F2: Withholding reflects shares retained to cover taxes; no market sale executed.
• Shares owned after transaction: Not specified in the filing.

Context

• This was a routine RSU vesting event, not a purchase or an open‑market sale. Code M indicates conversion/exercise of a derivative (RSU → shares); code F indicates share withholding for taxes. Such withholding is standard and does not necessarily signal insider sentiment (unlike deliberate buys or sales).