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Pattern Group (PTRN) grants RSUs to CEO Wright and CSO Alder

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Wright David K. reported acquisition or exercise transactions in this Form 4 filing.

Pattern Group Inc. reported that Chief Executive Officer David K. Wright received a grant of 375,000 restricted stock units (RSUs) of Series A common stock on March 23, 2026, with no cash paid per share. Following this award, he directly holds 667,781 shares of this class.

On the same date, 125,000 RSUs of Series A common stock were granted to his spouse, Chief Strategy Officer and director Melanie Alder, held as an indirect position for Wright. After this grant, the indirect holding “by spouse” totals 222,593 shares. Separate entries show 45,297,280 shares held by the Wright Irrevocable Trust and 29,418,585 shares held by the Alder Irrevocable Trust; Wright and Alder serve as trustees and each disclaims beneficial ownership except for any pecuniary interest.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wright David K.

(Last)(First)(Middle)
C/O PATTERN GROUP INC.
1441 WEST INNOVATION WAY, SUITE 500

(Street)
LEHI UTAH 84043

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Pattern Group Inc. [ PTRN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Series A Common Stock03/23/2026A375,000(1)A$0667,781D
Series A Common Stock03/23/2026A125,000(2)A$0222,593IBy spouse(3)
Series A Common Stock45,297,280IBy Wright Irrevocable Trust(4)
Series A Common Stock29,418,585IBy Alder Irrevocable Trust(5)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Wright David K.

(Last)(First)(Middle)
C/O PATTERN GROUP INC.
1441 WEST INNOVATION WAY, SUITE 500

(Street)
LEHI UTAH 84043

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
1. Name and Address of Reporting Person*
Alder Irrevocable Trust

(Last)(First)(Middle)
C/O PATTERN GROUP INC.
1441 WEST INNOVATION WAY, SUITE 500

(Street)
LEHI UTAH 84043

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Alder Melanie

(Last)(First)(Middle)
C/O PATTERN GROUP INC.
1441 WEST INNOVATION WAY, SUITE 500

(Street)
LEHI UTAH 84043

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Strategy Officer
1. Name and Address of Reporting Person*
Wright Irrevocable Trust

(Last)(First)(Middle)
C/O PATTERN GROUP INC.
1441 WEST INNOVATION WAY, SUITE 500

(Street)
LEHI UTAH 84043

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. These shares represent restricted stock units (RSUs) granted on March 23, 2026, which vest in equal annual installments over two years following March 23, 2026, subject to the continued service of David K. Wright to the Issuer through each applicable vesting date. Each RSU represents a contingent right to receive one share of Series A common stock.
2. These shares represent RSUs granted on March 23, 2026, which vest in equal annual installments over two years following March 23, 2026, subject to the continued service of Melanie Alder to the Issuer through each applicable vesting date. Each RSU represents a contingent right to receive one share of Series A common stock.
3. David K. Wright's spouse, Melanie Alder, is a director and the Chief Strategy Officer of the Issuer.
4. These shares are owned directly by the Wright Irrevocable Trust dated December 5, 2019, of which David K. Wright and his spouse, Melanie Alder, are trustees. Each of David K. Wright and Melanie Alder disclaims beneficial ownership of these securities, except to the extent, if any, of their pecuniary interest therein, and the filing of this Form 4 is not an admission that any person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
5. These shares are owned directly by the Alder Irrevocable Trust dated December 5, 2019, of which David K. Wright and his spouse, Melanie Alder, are trustees. Each of David K. Wright and Melanie Alder disclaims beneficial ownership of these securities, except to the extent, if any, of their pecuniary interest therein, and the filing of this Form 4 is not an admission that any person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
Remarks:
ALDER IRREVOCABLE TRUST By: /s/ Allison Fletcher, Attorney-in-Fact for David K. Wright, Trustee By: /s/ Allison Fletcher, Attorney-in-Fact for Melanie Alder, Trustee03/25/2026
DAVID K. WRIGHT By: /s/ Allison Fletcher, Attorney-in-Fact for David K. Wright03/25/2026
MELANIE ALDER By: /s/ Allison Fletcher, Attorney-in-Fact for Melanie Alder03/25/2026
WRIGHT IRREVOCABLE TRUST By: /s/ Allison Fletcher, Attorney-in-Fact for David K. Wright, Trustee By: /s/ Allison Fletcher, Attorney-in-Fact for Melanie Alder, Trustee03/25/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did PTRN report for David K. Wright on March 23, 2026?

Pattern Group Inc. reported that CEO David K. Wright received a grant of 375,000 restricted stock units of Series A common stock on March 23, 2026. These RSUs were awarded at no cash cost per share and increased his direct holdings to 667,781 shares.

What equity award did PTRN’s Chief Strategy Officer Melanie Alder receive?

Chief Strategy Officer and director Melanie Alder received 125,000 restricted stock units of Series A common stock on March 23, 2026. These RSUs vest over two years and are reflected as an indirect holding for David K. Wright, bringing the “by spouse” position to 222,593 shares.

How do the RSUs granted to PTRN executives vest over time?

The RSUs granted to David K. Wright and Melanie Alder on March 23, 2026 vest in equal annual installments over two years following that date. Each restricted stock unit represents a contingent right to receive one share of Pattern Group’s Series A common stock upon vesting and continued service.

What large indirect holdings are associated with trusts in the PTRN Form 4?

The filing shows 45,297,280 Series A shares held by the Wright Irrevocable Trust and 29,418,585 shares held by the Alder Irrevocable Trust. David K. Wright and Melanie Alder are trustees and each disclaims beneficial ownership, except to the extent of any pecuniary interest in these trust-held securities.

Are the PTRN insider transactions open-market buys or compensation awards?

The reported insider activity consists of compensation-related awards, not open-market purchases. Both David K. Wright and Melanie Alder received restricted stock units of Series A common stock at a stated price of zero per share, reflecting equity grants rather than discretionary buying in the market.

What is David K. Wright’s ownership type for the new PTRN RSUs?

The 375,000 RSUs granted to David K. Wright are reported as a direct ownership position in Series A common stock. The 125,000 RSUs granted to his spouse, Melanie Alder, are reported as an indirect position “by spouse,” reflecting separate but related holdings tied to the same executive family.
Pattern Group Inc.

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Software - Application
Retail-catalog & Mail-order Houses
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United States
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