05/29/2026 | Press release | Distributed by Public on 05/29/2026 19:36
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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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MAVERICK CAPITAL LTD 1900 N. PEARL STREET, 20TH FLOOR DALLAS, TX 75201 |
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MAVERICK CAPITAL MANAGEMENT LLC 1900 N. PEARL STREET, 20TH FLOOR DALLAS, TX 75201 |
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AINSLIE LEE S III 360 SOUTH ROSEMARY AVENUE WEST PALM BEACH, FL 33401 |
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| Maverick Capital, Ltd., By: Trevor Wiessmann, for Maverick Capital, Ltd., by power of attorney for Lee S. Ainslie III, Manager of Maverick Capital Management, LLC, its General Partner, /s/ Trevor Wiessmann | 05/29/2026 | |
| **Signature of Reporting Person | Date | |
| Maverick Capital Management, LLC, By: Trevor Wiessmann, for Maverick Capital Management LLC, by power of attorney for Lee S. Ainslie III, its Manager, /s/ Trevor Wiessmann | 05/29/2026 | |
| **Signature of Reporting Person | Date | |
| Lee S. Ainslie III, By: Trevor Wiessmann, for Lee S. Ainslie III, by power of attorney for Lee S. Ainslie III, /s/ Trevor Wiessmann | 05/29/2026 | |
| **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) | Maverick Advisors Fund, L.P. ("Maverick Advisors Fund") distributed these shares to its limited partners pro rata for no consideration (the "MAF Distribution"). |
| (2) | These shares were sold by Maverick Advisors Fund as part of the MAF Distribution, and the proceeds of such sales were distributed to certain limited partners of Maverick Advisors Fund. |
| (3) | Maverick Ventures Investment Fund, L.P. ("Maverick Ventures Fund") distributed these shares to its limited partners pro rata for no consideration (the "MVIF Distribution"). |
| (4) | These shares were sold Maverick Ventures Fund as part of the MVIF Distribution, and the proceeds of such sales were distributed to certain limited partners of Maverick Ventures Fund. |
| (5) | Received for no consideration in the pro rata distributions effected by Maverick Advisors Fund and Maverick Ventures Fund. |
| (6) | The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.67 to $15.66 inclusive. The reporting persons undertake to provide the Issuer, any securityholder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within such range. |
| (7) | Maverick Capital, Ltd. ("Maverick") is a registered investment advisor under the Investment Advisers Act of 1940, as amended. Maverick Capital Management, LLC ("Maverick Capital Management") serves as the general partner to Maverick, and Lee S. Ainslie is the manager of Maverick. MCV Management Company, LLC ("MCV") is the investment manager, and Maverick Capital Ventures, LLC ("Maverick Ventures") is the general partner, of Maverick Advisors Fund and Maverick Ventures Fund. |
| (8) | Maverick is the controlling member of MCV, and Mr. Ainslie and David B. Singer are the managing partners of Maverick Ventures and MCV. Maverick Capital Management is the general partner and the controlling member of Maverick Ventures. Mr. Singer serves on the board of directors of the Issuer. Each reporting owner disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein. |
| (9) | Held directly by Maverick Advisors Fund. |
| (10) | Held directly by Maverick Ventures Fund. |
| (11) | Held directly by Maverick Ventures. |
| (12) | Held directly by family estate planning entities controlled by Mr. Ainslie. |
| (13) | The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.67 to $16.38 inclusive. The reporting persons undertake to provide the Issuer, any securityholder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within such range. |