Form 4 • Statement of Changes in Beneficial Ownership
Type
Sell
Net shares
+229,174
% of shares
45.54%
Amount (USD)
$1,150,618
Insider confidence score
100.0 out of 100
Positive
Security
Common Stock
Action
Grant
Date
2026-03-03
Code
A
Net shares
+241,636.0
Acquired/Disposed
Acquired
Shares Owned Before
503,222.0
Shares Owned After
744,858.0
Security
Common Stock
Action
Tax_withhold
Date
2026-03-03
Code
F
Net shares
-85,803.0
Price per Share
$13.41
Amount (USD)
$1,150,618.23
Acquired/Disposed
Disposed
Shares Owned Before
744,858.0
Shares Owned After
659,055.0
Security
Common Stock
Action
Grant
Date
2026-03-03
Code
A
Net shares
+73,341.0
Acquired/Disposed
Acquired
Shares Owned Before
659,055.0
Shares Owned After
732,396.0
1. The reported transaction reflects the payout of 241,636 performance stock units ("PSUs") granted to Mr. Boone in 2023, which were subject to a three-year cliff vesting period and performance conditions based 25% on absolute stock price performance and 75% on absolute ROIC performance. On March 3, 2026, the Compensation Committee determined that the applicable performance conditions were achieved at target, resulting in full payout and vesting of the 241,636 PSUs in the form of shares of common stock.
2. Reflects a reduction of shares withheld to cover taxes payable by the reporting person due to the March 3, 2026, vesting and payout of performance stock units granted in 2023.
3. This grant of restricted shares is scheduled to vest ratably on April 1, 2027, April 1, 2028 and April 1, 2029.
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.