Award Timing Disclosure

12 Months Ended

Dec. 31, 2025

Award Timing Disclosures [Line Items]

Award Timing MNPI Disclosure

General Equity Award Grant Practices

The Management Compensation Committee and the Board approve annual equity awards on a regular first-quarter

schedule, which is determined well in advance and without regard to any material Company news announcements.

We believe that the current and expected expense and share utilization are reasonable and justified in light of the

Management Compensation Committee’s goals of aligning the long-term interests of officers and employees with

those of shareholders and rewarding officers for long-term relative TSR growth while retaining a strong

management team. We actively monitor the expense and share utilization associated with annual grants and are

committed to adjusting grant practices if and when appropriate.

Throughout the performance periods for equity awards, the Management Compensation Committee receives

updates on the executives’ progress in achieving applicable performance goals and monitors the compensation

expense and share run rate that the Company is incurring for outstanding equity awards.

The reference price for calculating the value of equity awards granted is the closing market price of Nasdaq’s

common stock on the grant date. Existing equity ownership levels are not a factor in award determinations as we do

not want to discourage senior executives from holding significant amounts of our common stock.

Practices Regarding Timing of RSU and PSU Grants

Generally, we grant RSUs and PSUs on an annual basis on a regular second-quarter schedule. Our annual equity

grants to executives, and employees eligible to receive equity awards, occur on or about April 1 of each year, which

date is several weeks prior to our release of quarterly earnings for the first quarter of the fiscal year. In addition to

the regular-cycle annual equity awards, the Management Compensation Committee may also make “off-cycle”

grants of RSUs, PSUs or other equity awards in connection with an employee’s initial hire, promotion, or retention or

for other reasons. We do not time the disclosure of material nonpublic information for the purpose of affecting the

value of executive compensation for NEO grants.

Policies and Practices Regarding the Timing of Certain Option-Like

Instruments

We do not currently grant new awards of stock options, stock appreciation rights, or similar option-like instruments.

Accordingly, we do not have a specific policy or practice on the timing of such awards in relation to our disclosure of

material nonpublic information. In the event we determine to grant such awards, we will evaluate the appropriate

steps to take in relation to the foregoing.

Award Timing Predetermined

true

Award Timing, How MNPI Considered

Policies and Practices Regarding the Timing of Certain Option-Like

Instruments

We do not currently grant new awards of stock options, stock appreciation rights, or similar option-like instruments.

Accordingly, we do not have a specific policy or practice on the timing of such awards in relation to our disclosure of

material nonpublic information. In the event we determine to grant such awards, we will evaluate the appropriate

steps to take in relation to the foregoing.

MNPI Disclosure Timed for Compensation Value

false