08/24/2026 | Press release | Distributed by Public on 08/24/2026 15:27
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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 (Right to Buy) | $7.05 | 08/21/2026 | M | 6,666 | (2) | 12/27/2028 | Voting Common Stock | 6,666 | $ 0 | 0 | D | ||||
| Stock Option (Right to Buy) | $8.106 | 08/21/2026 | M | 6,666 | (3) | 01/02/2030 | Voting Common Stock | 6,666 | $ 0 | 0 | D | ||||
| Stock Option (Right to Buy) | $5.079 | 08/21/2026 | M | 6,666 | (4) | 01/02/2031 | Voting Common Stock | 6,666 | $ 0 | 0 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Wolff Benjamin G 1351 HOLIDAY SQUARE BLVD COVINGTON, LA 70433 |
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| Kelly C. Simoneaux, attorney-in-fact for Benjamin G. Wolff | 08/24/2026 | |
| **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 shares were sold in multiple transactions at prices ranging from $82.2 to $82.26 per share. The price reported reflects the volume weighted average price for the transactions. The reporting person undertakes to provide upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| (2) | Award vested and became exercisable as to one third on each of December 27, 2019, December 27, 2020 and December 27, 2021. |
| (3) | Award vested and became exercisable as to one third on each of January 2, 2021, January 2, 2022 and January 2, 2023. |
| (4) | Award vested and became exercisable as to one third on each of January 2, 2022, January 2, 2023 and January 2, 2024. |
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Remarks: The number of shares of voting common stock and exercise prices reported in this Form 4 have been adjusted to reflect the Issuer's 1 for 15 reverse stock spilt effected on February 10, 2025. |
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