03/17/2026 | Press release | Distributed by Public on 03/17/2026 18:34
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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 | ||||||||
| Stock Option (right to buy) | $57.06 | 03/16/2026 | A | 17,563 | (3) | (3) | Common Stock | 17,563 | $ 0 | 17,563 | D | ||||
| Stock Option (right to buy) | $6.36 | (4) | (4) | Common Stock | 316,902 | 316,902 | D | ||||||||
| Stock Option (right to buy) | $12.72 | (5) | (5) | Common Stock | 598,204 | 598,204 | D | ||||||||
| Stock Option (right to buy) | $21.31 | (6) | (6) | Common Stock | 25,446 | 25,446 | D | ||||||||
| Stock Option (right to buy) | $23.5 | (7) | (7) | Common Stock | 67,347 | 67,347 | D | ||||||||
| Restricted Stock Units | (8) | (9) | (9) | Common Stock | 225,000 | 225,000 | D | ||||||||
| Restricted Stock Units | (8) | (10) | (10) | Common Stock | 150,000 | 150,000 | D | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Gleason Todd R 5080 SPECTRUM DRIVE SUITE 800E ADDISON, TX 75001 |
X | Chief Executive Officer | ||
| /s/ Alyson Gregory as Attorney-in-Fact for Todd Gleason | 03/17/2026 | |
| **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) | Represents performance share units earned. |
| (2) | Reflects shares withheld for net settlement to cover the tax liability for the vesting of restricted stock units. |
| (3) | The stock option vests in three equal annual installments beginning on March 16, 2027, and expires on March 16, 2036. |
| (4) | The stock option vested in four installments beginning on June 6, 2021, and expires on June 6, 2027. |
| (5) | The stock option vested in four installments beginning on June 6, 2021, and expires on June 6, 2027 |
| (6) | The stock option vests in three equal annual installments beginning on March 15, 2025, and expires on March 15, 2034. |
| (7) | The stock option vests in three equal annual installments beginning on March 17, 2026, and expires on March 17, 2035. |
| (8) | Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's stock. |
| (9) | Conversion of restricted stock units to the Company's common stock will occur on July 5, 2027 assuming the reporting person is still employed by the Company and if the shares of the Company's common stock have achieved certain stock price targets over the course of the performance period. |
| (10) | Conversion of restricted stock units to the Company's common stock will occur on June 4, 2029 assuming the reporting person is still employed by the Company and if the shares of the Company's common stock have achieved certain stock price targets over the course of the performance period. |