02/23/2026 | Press release | Distributed by Public on 02/23/2026 20:37
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FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
| 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. | |||
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1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| OPTIONS (RIGHT TO BUY) | (2) | 02/24/2032 | COMMON STOCK | 2,320 | $188.99 | D | |
| OPTIONS (RIGHT TO BUY) | (3) | 02/23/2033 | COMMON STOCK | 1,105 | $225.69 | D | |
| OPTIONS (RIGHT TO BUY) | (4) | 09/11/2033 | COMMON STOCK | 1,730 | $215 | D | |
| OPTIONS (RIGHT TO BUY) | (5) | 02/22/2034 | COMMON STOCK | 1,810 | $235.13 | D | |
| OPTIONS (RIGHT TO BUY) | (6) | 02/20/2035 | COMMON STOCK | 3,345 | $196.07 | D | |
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Tereso Tara M. 3100 SANDERS ROAD SUITE 301 NORTHBROOK, IL 60062 |
Group Executive, HST | |||
| /s/ Sam Rayburn, by Power of Attorney | 02/23/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 5(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) | Includes 2,257 restricted shares, which vest as follows, subject to the Reporting Person?s continuous service through each such date: (i) 470 restricted shares vest on September 11, 2026, (ii) 987 restricted shares vest on September 16, 2026, and (iii) 800 restricted shares vest on February 20, 2028. |
| (2) | This option vests in four substantially equal annual installments beginning February 24, 2023, subject to the Reporting Person?s continuous service through each such date. |
| (3) | This option vests in four substantially equal annual installments beginning February 23, 2024, subject to the Reporting Person?s continuous service through each such date. |
| (4) | This option vests in four substantially equal annual installments beginning September 11, 2024, subject to the Reporting Person?s continuous service through each such date. |
| (5) | This option vests in four substantially equal annual installments beginning February 22, 2025, subject to the Reporting Person?s continuous service through each such date. |
| (6) | This option vests in four substantially equal annual installments beginning February 20, 2026, subject to the Reporting Person?s continuous service through each such date. |
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Remarks: Exhibit List: Exhibit 24 - Power of Attorney |
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