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Insider Trading Arrangements
3 Months Ended
Mar. 31, 2024
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
Rule 10b5-1 Trading Plans

During the quarter ended March 31, 2024, none of the Company’s Section 16 officers or directors informed us of the adoption, modification, or termination of a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as those terms are defined in Regulation S-K, Item 408, except as described in the table below:

Name & TitleDate Adopted
Character of Trading Arrangement (1)
Aggregate Number of Shares of Common Stock to be Purchased or Sold Pursuant to Trading Arrangement
Duration (2)
Other Material ItemsDate Terminated
Charles Willis, Executive Chairman
September 6, 2023Rule 10b5-1 Trading Arrangement
Up to 50,000 shares to be sold (3)
March 4, 2024 (4)
N/AFebruary 9, 2024

(1) Except as indicated by footnote, each trading arrangement marked as a “Rule 10b5-1 Trading Arrangement” is intended to satisfy the affirmative defense of Rule 10b5-1(c), as amended (the “Rule”).
(2) Except as indicated by footnote, each trading arrangement permitted or permits transactions through and including the earlier to occur of (a) the completion of all purchases or sales or (b) the date listed in the table. Each trading arrangement marked as a “Rule 10b5-1 Trading Arrangement” only permitted or only permits transactions upon expiration of the applicable mandatory cooling-off period under the Rule.
(3) Charles Willis’s trading plan provides for the sale of up to 50,000 shares of the Company’s common stock, subject to price and volume limits.
(4) The arrangement also provides for automatic termination in the event of completion of all sales contemplated under the trading arrangement, Charles Willis’s death or legal incapacity, written notice from Charles Willis of termination of the trading arrangement, determination by the broker that the trading arrangement has been terminated or that a breach by Charles Willis has occurred, or upon the broker’s exercise of its termination rights under the trading arrangement.
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
Charles Willis [Member]  
Trading Arrangements, by Individual  
Name Charles Willis
Title Executive Chairman
Rule 10b5-1 Arrangement Adopted true
Adoption Date September 6, 2023
Arrangement Duration 180 days
Aggregate Available 50,000