Cahill Douglas 4

What Happened

• Douglas Cahill, Executive Chairman and director of Hillman Solutions (HLMN), was granted 30,712 restricted stock units (RSUs) on 2026-03-07 (reported on Form 4). On the same date, 48,869 shares were surrendered/withheld to satisfy tax liabilities in two transactions at $8.14 per share, totaling roughly $397,794. The RSU grant is reported as an award (code A); the withheld shares are reported under tax withholding (code F).

Key Details

• Transaction date(s): 2026-03-07; filing date: 2026-03-10.
• Grant: 30,712 RSUs (acquired, $0 exercise price reported).
• Tax withholding: 29,640 shares disposed at $8.14 (≈ $241,270) and 19,229 shares disposed at $8.14 (≈ $156,524); combined ≈ $397,794.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: The RSUs are contingent rights to receive one share per RSU upon vesting; they vest in three equal annual installments beginning one year after grant, subject to continued service.
• Type of transactions: RSU award (A) and share withholding to cover taxes (F); these are not open-market sales.

Context

• RSU grants are compensation awards (not a market purchase) and generally vest over time; the reported grant creates a future right to shares subject to vesting conditions.
• The F-code entries represent shares surrendered/withheld to satisfy tax obligations rather than discretionary sales on the open market; this is a common administrative step when RSUs vest.
• No 10b5-1 plan or late-filing indication was provided in the data supplied.