Puthenveetil Reji 4

What Happened

• Puthenveetil Reji, EVP, Additive Solutions & CCO of 3D Systems (DDD), was awarded a total of 200,000 equity units on March 13, 2026: 100,000 restricted shares (stock award) and 100,000 performance share units (PSUs, a derivative). Both awards show an acquisition price of $0 (no cash paid).

Key Details

• Transaction date: March 13, 2026; Form 4 filed March 17, 2026.
• Awards reported: 100,000 restricted stock (non-derivative) + 100,000 performance share units (derivative).
• Price reported: $0.00 per share (award/grant).
• Vesting for restricted stock: 1/3 vests on 4/1/2027, 1/3 on 4/1/2028, and the final 1/3 on 4/1/2029, subject to continued employment (footnote F1).
• PSUs: each unit represents a contingent right to one share and only vests if the company’s stock reaches specified price targets (footnote F2); specific performance targets not disclosed in the summary.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Transaction code: A = Award/Grant; derivative transaction communicated for the PSUs.

Context

• These are compensation grants (not open-market purchases or sales). Restricted shares vest over time with continued employment, while the PSUs are contingent on meeting stock-price performance goals — they only convert to shares if performance hurdles are met. Awards like this are routine executive compensation and do not, by themselves, indicate a personal purchase or sale decision.