03/09/2026 | Press release | Distributed by Public on 03/09/2026 17:22
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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 | ||||||||
| Non-Qualified Stock Option (Right to Buy) | $16.91 | 02/20/2026 | A | 14,025 | (2) | 03/10/2033 | Common Stock | 14,025 | $16.91 | 14,025 | D | ||||
| Non-Qualified Stock Option (Right to Buy) | $10.178 | (3) | 12/16/2029 | Common Stock | 8,825 | 8,825 | D | ||||||||
| Non-Qualified Stock Option (Right to Buy) | $10.178 | (4) | 02/10/2030 | Common Stock | 40,950 | 40,950 | D | ||||||||
| Non-Qualified Stock Option (Right to Buy) | $10.178 | (3) | 02/10/2030 | Common Stock | 164,750 | 164,750 | D | ||||||||
| Non-Qualified Stock Option (Right to Buy) | $10.178 | (3) | 01/11/2031 | Common Stock | 34,125 | 34,125 | D | ||||||||
| Non-Qualified Stock Option (Right to Buy) | $15 | (5) | 10/21/2031 | Common Stock | 58,043 | 58,043 | D | ||||||||
| Non-Qualified Stock Option (Right to Buy) | $15.36 | (6) | 08/15/2032 | Common Stock | 42,980 | 42,980 | D | ||||||||
| Non-Qualified Stock Option (Right to Buy) | $16.91 | (7) | 03/10/2033 | Common Stock | 14,205 | 14,205 | D | ||||||||
| Non-Qualified Stock Option (Right to Buy) | $26.18 | (8) | 03/04/2034 | Common Stock | 8,746 | 8,746 | D | ||||||||
| Non-Qualified Stock Option (Right to Buy) | $33.36 | (9) | 03/04/2035 | Common Stock | 13,218 | 13,218 | D | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Burth Jonathan 111 5TH AVENUE 2ND FLOOR NEW YORK, NY 10003 |
Chief Operating Officer | |||
| /s/ Alison Klein, attorney-in-fact for Jonathan Burth | 03/09/2026 | |
| **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) | The disposition reported on this Form 4 represents shares withheld to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person. |
| (2) | The stock option is eligible to vest if certain performance conditions are met by the target date for the applicable performance condition(s) and expire if the performance conditions are not met by the final target date. The performance conditions applicable were timely satisfied, resulting in vesting of the option as to 14,025 shares on February 20, 2026. |
| (3) | The stock option is fully vested and currently exercisable. |
| (4) | The stock option is eligible to vest in four tranches if certain performance conditions for each tranche of the option are met by the target date for the applicable performance condition(s) and expire relative to each tranche if the performance conditions for such tranche are not met by the final target date. The performance conditions were partially met and as a result, the first tranche of the option were timely satisfied, resulting in vesting of the option as to 18,200 shares on February 6, 2024. The performance conditions applicable to the fourth tranche of the option were timely satisfied, resulting in vesting of the option as to 22,750 shares on February 20, 2026. |
| (5) | The stock option vests in four equal annual installments beginning on November 27, 2022. |
| (6) | The stock option vests in three equal annual installments beginning on August 15, 2025. |
| (7) | The stock option vests in four equal annual installments beginning on March 10, 2024. |
| (8) | The stock option vests in four equal annual installments beginning on March 4, 2025. |
| (9) | The Reporting Person was granted stock options that will vest in four annual equal installments on each anniversary of the grant date provided that the Reporting Person remains in continuous service on each vesting date. |