Form 4 • Statement of Changes in Beneficial Ownership
Type
Sell
Net shares
-272,624
% of shares
-39.41%
Amount (USD)
$51,622,487
Insider confidence score
7.5 out of 100
Positive
Negative
Security
Common Stock
Action
Exercise
Date
2026-03-02
Code
M
Net shares
+182,100.0
Price per Share
$125.35
Amount (USD)
$22,826,235.00
Acquired/Disposed
Acquired
Shares Owned Before
31,266.0
Shares Owned After
213,366.0
Security
Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-27,672.0
Price per Share
$188.01
Amount (USD)
$5,202,490.96
Acquired/Disposed
Disposed
Shares Owned Before
213,366.0
Shares Owned After
185,694.0
Security
Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-86,329.0
Price per Share
$188.82
Amount (USD)
$16,300,641.78
Acquired/Disposed
Disposed
Shares Owned Before
185,694.0
Shares Owned After
99,365.0
Security
Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-64,399.0
Price per Share
$189.61
Amount (USD)
$12,210,836.07
Acquired/Disposed
Disposed
Shares Owned Before
99,365.0
Shares Owned After
34,966.0
Security
Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-3,700.0
Price per Share
$190.60
Amount (USD)
$705,220.00
Acquired/Disposed
Disposed
Shares Owned Before
34,966.0
Shares Owned After
31,266.0
Security
Common Stock
Action
Exercise
Date
2026-03-02
Code
M
Net shares
+90,524.0
Price per Share
$113.01
Amount (USD)
$10,230,117.24
Acquired/Disposed
Acquired
Shares Owned Before
31,266.0
Shares Owned After
121,790.0
Security
Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-90,524.0
Price per Share
$190.04
Amount (USD)
$17,203,298.64
Acquired/Disposed
Disposed
Shares Owned Before
121,790.0
Shares Owned After
31,266.0
Security
Non-Qualified Stock Option (Right to Buy)
Action
Exercise
Date
2026-03-02
Code
M
Net shares
-182,100.0
Acquired/Disposed
Disposed
Shares Owned Before
182,100.0
Shares Owned After
0.0
Security
Non-Qualified Stock Option (Right to Buy)
Action
Exercise
Date
2026-03-02
Code
M
Net shares
-90,524.0
Acquired/Disposed
Disposed
Shares Owned Before
236,900.0
Shares Owned After
146,376.0
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2025.
2. These shares were sold in multiple transactions at prices ranging from $187.31 to $188.30, inclusive. The price reported in Column 4 reflects the weighted-average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (5) to this Form 4.
3. These shares were sold in multiple transactions at prices ranging from $188.31 to $189.30, inclusive. The price reported in Column 4 reflects the weighted average sale price.
4. These shares were sold in multiple transactions at prices ranging from $189.31 to $190.12, inclusive. The price reported in Column 4 reflects the weighted average sale price.
5. These shares were sold in multiple transactions at prices ranging from $190.00 to $190.635, inclusive. The price reported in Column 4 reflects the weighted average sale price.
6. The reporting person owns only a 1% general partnership interest in the limited partnership. The remaining limited partnership interests are owned equally by four separate trusts for the benefit of each of the reporting person's children. The reporting person disclaims beneficial ownership of the shares held by the limited partnership except to the extent of his pecuniary interest therein.
7. Option granted 1/31/2018. One-third of the shares subject to the option vested on January 31, 2019, January 31, 2020 and January 31, 2021, respectively.
8. Option granted 1/30/2019. One-third of the shares subject to the option vested on January 31, 2020, January 31, 2021 and January 31, 2022, respectively.
ℹ️ Filed under Rule 10b5-1 trading plan
This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.