See Remarks
Wed, May 20, 2026
May 20
27,595 shares @ $135.09
Decreased holdings by -0.40%
Net across this filing: 0.00% (+0 shares)
136th largest trade (out of 695)
Tax Sell-to-CoverLarge TradeCluster Buy
“This transaction is part of a related series of transactions. The Reporting Person acquired rights to 975,000 shares of Class B Common Stock upon incremental vesting of previously granted restricted stock units ("RSUs") on May 20, 2026, converted 397,744 shares of the Class B Common Stock to Class A Common Stock and immediately sold the resulting shares of Class A Common Stock on May 20, 2026. Al”Form 4 footnote
Trade made by an officer
Part of a cluster of 4 transactions by 3 insiders
Automatic sale to cover taxes on a vest — not a discretionary trade
Net holdings across this filing: +0.0% (+0 shares)
31% win rate · -34.5% median edge vs SPY (13 trades, 90-day · small sample)
Price 16% below 200-day moving average
Win rate excludes trades classified as routine (tax, 10b5-1, exercise, gift).