STOCK TITAN

Pattern Group (PTRN) director receives 11,356 RSUs vesting in 2027

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

Rhea-AI Filing Summary

Hilton Scott reported acquisition or exercise transactions in this Form 4 filing.

Pattern Group Inc. director Hilton Scott reported an equity compensation grant in the form of restricted stock units. He was awarded 11,356 shares of Series A common stock on May 15, 2026, at a stated price of $0.00 per share, reflecting a grant rather than an open‑market purchase.

The RSUs fully vest on the earlier of May 15, 2027, or the date of Pattern Group’s 2027 Annual Meeting of Stockholders, as long as Scott continues to serve the company through that date. After this grant, he directly holds 61,356 shares of Series A common stock.

Positive

  • None.

Negative

  • None.
Insider Hilton Scott
Role null
Type Security Shares Price Value
Grant/Award Series A Common Stock 11,356 $0.00 --
Holdings After Transaction: Series A Common Stock — 61,356 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 11,356 shares Restricted stock units granted on May 15, 2026
Grant price $0.00 per share Equity compensation grant, not an open-market purchase
Post-grant holdings 61,356 shares Total Series A common shares directly held after transaction
RSU vesting date Earlier of May 15, 2027 or 2027 annual meeting Service-based vesting condition for the RSU award
restricted stock units (RSUs) financial
"These shares represent restricted stock units (RSUs) granted on May 15, 2026, which fully vest on the earlier of (i) May 15, 2027..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Series A common stock financial
"Each RSU represents a contingent right to receive one share of Series A common stock."
Series A common stock is a specific class of a company’s ordinary shares issued during an early formal funding round, carrying the ownership rights and voting power tied to that class. For investors it signals an early-stage equity claim with potential upside if the business grows, but also greater risk and typically less liquidity than shares in mature, publicly traded firms—imagine buying a seat on a startup’s team before the company has proven itself.
Annual Meeting of Stockholders financial
"which fully vest on the earlier of (i) May 15, 2027, or (ii) the date of the issuer's 2027 Annual Meeting of Stockholders"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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*
Hilton Scott

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form 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 Stock05/15/2026A11,356(1)A$061,356D
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
Explanation of Responses:
1. These shares represent restricted stock units (RSUs) granted on May 15, 2026, which fully vest on the earlier of (i) May 15, 2027, or (ii) the date of the issuer's 2027 Annual Meeting of Stockholders, subject to the continued service of the reporting person to the issuer through the applicable vesting date. Each RSU represents a contingent right to receive one share of Series A common stock.
Remarks:
/s/ Allison Fletcher, Attorney-in-Fact05/18/2026
** 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 did Pattern Group (PTRN) director Hilton Scott report in this Form 4?

Hilton Scott reported receiving a grant of 11,356 restricted stock units of Pattern Group Series A common stock. The award is equity compensation, not an open-market stock purchase, and increases his direct holdings to 61,356 shares following the transaction.

Is Hilton Scott buying or being granted Pattern Group (PTRN) shares?

Hilton Scott is being granted shares, not buying them in the market. The filing shows an A-code transaction at $0.00 per share, indicating a compensation-related grant of restricted stock units rather than a cash purchase of Pattern Group stock.

How many Pattern Group (PTRN) shares does Hilton Scott hold after this grant?

Following the grant, Hilton Scott directly holds 61,356 shares of Pattern Group Series A common stock. This total includes the newly awarded 11,356 restricted stock units that will convert into shares upon vesting, provided the service-based conditions are satisfied.

When do Hilton Scott’s new Pattern Group (PTRN) RSUs vest?

The RSUs vest on the earlier of May 15, 2027, or the date of Pattern Group’s 2027 Annual Meeting of Stockholders. Vesting is conditioned on Hilton Scott’s continued service with the company through the applicable vesting date outlined in the award terms.

What does each restricted stock unit in this Pattern Group (PTRN) grant represent?

Each restricted stock unit represents a contingent right to receive one share of Pattern Group Series A common stock. Shares are delivered only after the RSUs vest, which requires Hilton Scott to remain in service until the specified vesting date or earlier annual meeting.