Key Highlights
- 26, 2026, following an option exercise, for a total value of ~$416,000, per a SEC Form 4 filing.
- Transaction summary Metric Value Shares sold (direct) 12,635 Transaction value $415,692 Post-transaction shares (direct) 42,392 Post-transaction value (direct ownership) $1.39 million Transaction and post-transaction values based on Feb.
- 26, 2026 market close price of $32.90.
- Key questions What is the structure and purpose of this transaction?This filing covers the exercise of 12,635 stock options, all of which were immediately sold.
- How does this trade affect Forlenza's ownership in the company?After the transaction, Forlenza holds 42,392 shares directly, reflecting a 22.96% reduction in his direct equity stake but maintaining a position valued at ~$1.39 million as of the transaction date.