XML 45 R25.htm IDEA: XBRL DOCUMENT v3.25.4
Insider Trading Arrangements
 3 Months Ended
Dec. 31, 2025
shares
Daniel Rabinowitz  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

Insider Trading Arrangements and Policies

​

On December 5, 2025, Daniel Rabinowitz, our chief legal officer, adopted a trading arrangement for the sale of shares of the Company’s common stock intended to satisfy the affirmative defense of Rule 10b5-1(c) (a “Rule 10b5-1 Trading Plan”) that provides for the sale of 61,600 shares of our common stock and the exercise of 5,598 stock options and sale of underlying shares of our common stock, pursuant to the terms of the plan between March 6, 2026 and December 5, 2027.
Name Daniel Rabinowitz
Title our chief legal officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date December 5, 2025
Expiration Date December 5, 2027
Aggregate Available 61,600
Herm Rosenman  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

On December 10, 2025, Herm Rosenman, a member of our board of directors, adopted a Rule 10b5-1 Trading Plan that provides for the exercise of 16,530 stock options and sale of underlying shares of our common stock pursuant to the terms of the plan between March 11, 2026 and December 10, 2026.
Name Herm Rosenman
Title a member of our board of directors
Rule 10b5-1 Arrangement Adopted true
Adoption Date December 10, 2025
Expiration Date December 10, 2026
Aggregate Available 16,530
Matthew Rabinowitz  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

On December 11, 2025, Matthew Rabinowitz, our co-founder and executive chairman, adopted a Rule 10b5-1 Trading Plan that provides for the sale of 200,000 shares of our common stock pursuant to the terms of the plan between March 12, 2026 and August 31, 2026.
Name Matthew Rabinowitz
Title our co-founder and executive chairman
Rule 10b5-1 Arrangement Adopted true
Adoption Date December 11, 2025
Expiration Date August 31, 2026
Aggregate Available 200,000
Rowan Chapman  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

On December 12, 2025, Rowan Chapman, a member of our board of directors, adopted a Rule 10b5-1 Trading Plan that provides for the sale of 3,221 shares of our common stock pursuant to the terms of the plan between March 13, 2026 and December 1, 2026.
Name Rowan Chapman
Title a member of our board of directors
Rule 10b5-1 Arrangement Adopted true
Adoption Date December 12, 2025
Expiration Date December 1, 2026
Aggregate Available 3,221
Jonathan Sheena  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

On December 12, 2025, Jonathan Sheena, a member of our board of directors, adopted a Rule 10b5-1 Trading Plan that provides for the sale of 59,000 shares of our common stock pursuant to the terms of the plan between May 8, 2026 and June 21, 2027.
Name Jonathan Sheena
Title member of our board of directors
Rule 10b5-1 Arrangement Adopted true
Adoption Date December 12, 2025
Expiration Date June 21, 2027
Aggregate Available 59,000