Grieves Ian 4

What Happened

• Ian Grieves, President & Managing Director of DynaEnergetics (a DMC Global business), had 3,541 restricted stock units (RSUs) convert into common shares on March 14, 2026. Of those vested shares, 1,569 were withheld to satisfy tax withholding obligations at $4.73 per share (total withheld value $7,421). The net shares delivered to Grieves were 1,972 (3,541 vested − 1,569 withheld).
• This was not a market purchase or sale for investment purposes but a routine vesting/settlement of RSUs. The filing was submitted March 16, 2026 for the March 14, 2026 transaction (timely).

Key Details

• Transaction date: March 14, 2026; Form 4 filed: March 16, 2026 (timely).
• RSUs converted: 3,541 shares (exercise/conversion code M).
• Shares withheld for taxes: 1,569 shares at $4.73 each = $7,421 (code F, tax withholding).
• Net shares issued to insider: 1,972 shares.
• Footnotes: F1 indicates shares were withheld to satisfy tax obligations; F2 clarifies each RSU equals one common share; F3 shows these 3,541 RSUs were part of a 10,623 RSU grant made March 14, 2023 with 3,541-vest tranches in 2024, 2025, and 2026.
• Shares owned after transaction: not specified in the provided filing details.

Context

• This transaction reflects RSU vesting and a common cashless-type settlement (withholding shares for taxes), not an open-market buy or sell that signals a trading decision.
• For retail investors, vesting and withholding transactions are routine compensation events and should not be interpreted alone as insider sentiment about the stock.