12/17/2025 | Press release | Distributed by Public on 12/17/2025 15:22
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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 | ||||||||
| Deferred Stock Units 12_25 | (1) | 12/15/2025 | A | 3,447.994(2) | (3) | (3) | Class A Common Stock | 3,447.994 | (1) | 3,447.994 | D | ||||
| Restricted Stock Unit | (1) | 12/15/2025 | M | 6,377 | (4) | (4) | Class A Common Stock | 6,377 | (1) | 0 | D | ||||
| Deferred Stock Unit | (1) | 12/15/2025 | M | 3,932 | (5) | (5) | Class A Common Stock | 3,932 | (1) | 0 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Sohi Mohsen 575 NORTH DAIRY ASHFORD ROAD, SUITE 100 HOUSTON, TX 77079-1121 |
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| /s/ Fernando Contreras, Attorney-in-fact | 12/17/2025 | |
| **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) | Each Deferred Stock Unit and each Restricted Stock Unit represents a right to receive without payment one share of Class A Common Stock of the Issuer. |
| (2) | The amount reported in Column 5 includes 26.655 Deferred Stock Units received as dividend equivalents. |
| (3) | The Deferred Stock Units were fully vested on the date of grant, December 15, 2025. Pursuant to the Issuer's Non-Employee Director Deferral Plan, the reporting person elected to receive their 2025 retainer fees in stock and to defer delivery of the shares until the date the reporting person ceases to serve as a director. |
| (4) | The reported transaction represents the receipt of shares in settlement of fully vested Restricted Stock Units granted on May 16, 2023, for which the reporting person previously elected, pursuant to the Issuer's Non-Employee Director Deferral Plan, to defer settlement until December 15, 2025. |
| (5) | The reported transaction represents the receipt of shares in settlement of fully vested Deferred Stock Units granted on December 15, 2023 in respect of 2023 retainer fees that the reporting person previously elected to receive in stock with settlement deferred, pursuant to the Issuer's Non-Employee Director Deferral Plan, until December 15, 2025. |