01/21/2026 | Press release | Distributed by Public on 01/21/2026 08:34
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Option | $5.79 | 01/19/2026 | M(3) | 259,336 | (4) | 10/01/2030 | Common Stock | 259,336 | $ 0 | 0 | D | ||||
| Stock Option | $5.79 | 01/19/2026 | M(3) | 259,336 | (4) | 10/01/2030 | Common Stock | 259,336 | $ 0 | 0 | D | ||||
| Stock Option | $5.35 | 01/19/2026 | M(3) | 93,603 | (4) | 01/04/2031 | Common Stock | 93,603 | $ 0 | 0 | D | ||||
| Stock Option | $8.04 | 01/19/2026 | M(3) | 31,117 | (4) | 01/01/2032 | Common Stock | 31,117 | $ 0 | 0 | D | ||||
| Stock Option | $8.04 | 01/19/2026 | M(3) | 24,708 | (4) | 01/01/2032 | Common Stock | 24,708 | $ 0 | 0 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Hannan Samantha Leigh C/O 221 SHEPARD STREET RIPON, WI 54971 |
CLO & CCO | |||
| /s/ Samantha Hannan | 01/21/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | These stock options were exercised on a net share settlement basis. |
| (2) | Represents the number of shares withheld by the Issuer to satisfy the aggregate (i) exercise price and (ii) withholding taxes related to such exercise. |
| (3) | The reported transaction reflects the exercise of stock options granted under an equity incentive plan described in the issuer's registration statement and final prospectus for its initial public offering. Any shares issued upon exercise are subject to the reporting person's lock-up agreement signed in connection with the issuer's initial public offering. The reported transaction was only with the issuer. No public sale was made. |
| (4) | The stock option is fully vested and exercisable. |