03/11/2026 | Press release | Distributed by Public on 03/11/2026 19:53
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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 | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Smith Jason Ryan 10706 BEAVER DAM ROAD HUNT VALLEY, MD 21030 |
Executive Vice Chairman | |||
| Anastasia Thomas Nardangeli, Esq., on behalf of Jason R. Smith, by Power of Attorney | 03/11/2026 | |
| **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 first vesting date of restricted shares granted to the Reporting Person on March 8, 2024. |
| (2) | Designates withholding of shares to satisfy the Reporting Person's tax liability. |
| (3) | The total number of shares released to the Reporting Person was 18,783 shares of Class A Common Stock issued as Restricted Stock of which 9,214 shares were withheld by the issuer to satisfy the Reporting Person's tax liability. |
| (4) | Common Stock issued as Restricted Stock. Reporting Person also owns 3,334.644928 shares of Class A Common Stock held in a 40l(k) unitized stock fund. |
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Remarks: Due to the vesting date falling on a Sunday and administrative processing following the subsequent business day, this filing is being made on March 11, 2026. |
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