03/04/2026 | Press release | Distributed by Public on 03/04/2026 19:11
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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 | ||||||||
| Restricted Stock Units | (5) | 03/03/2026 | M | 6,138 | (6) | (6) | Common Stock | 6,138 | $ 0 | 12,278 | D | ||||
| Performance Based Restricted Stock Units | (7) | (8) | (8) | Common Stock | 18,416 | 18,416 | D | ||||||||
| Performance Based Restricted Stock Units | (7) | (9) | (9) | Common Stock | 18,416 | 18,416 | D | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Brickman James R. 5501 HEADQUARTERS DRIVE, SUITE 300W PLANO, TX 75024 |
X | Chief Executive Officer | ||
| /s/ James R. Brickman | 03/04/2026 | |
| **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 reporting person was granted a stock bonus award of 18,757 shares of common stock pursuant to his 2025 annual bonus. The shares were fully vested upon issuance. |
| (2) | Reflects shares withheld for taxes payable upon the stock award. |
| (3) | Represents the vesting of Restricted Stock Units ("RSUs") that were granted pursuant to the Company's Long-Term Incentive Program (the ("LTIP") under its 2024 Omnibus Incentive Plan (the "Plan"). |
| (4) | Reflects shares withheld for taxes payable upon the vesting of the RSUs. |
| (5) | The RSUs convert into shares of Common Stock on a one-for-one basis upon vesting. |
| (6) | These RSUs were granted pursuant to the Company's LTIP under the Plan and vest equally on the first, second and third anniversary of the Grant Date. |
| (7) | These Performance-Based Restricted Stock Units ("PSUs") convert into shares of Common Stock on a one-for-one basis upon vesting. |
| (8) | These PSUs were granted pursuant to the Company's LTIP and are earned in four segments, (1) 16.66% are earned based on performance during 2025, (2) 16.67% are earned based on performance during each of 2026 and 2027 and (3) 50% are earned based on the Company's three-year. The PSUs in each segment can be earned between 50% and 200% based on the Company's performance, provided that the Company's performance exceeds the threshold performance level. Once earned, the PSUs vest on the third anniversary of the Grant Date. |
| (9) | These PSUs were granted pursuant to the Company's LTIP and are earned between 50% and 200% based on the Company's performance, provided that the Company's performance exceeds the threshold performance level. Once earned, the PSUs vest on the third anniversary of the Grant Date. |