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Insider Trading Arrangements
3 Months Ended 6 Months Ended
Jun. 30, 2024
shares
Jun. 30, 2024
shares
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
During the three months ended June 30, 2024, the following directors or officers informed us of the adoption, modification or termination of a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(c) of Regulation S-K, that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c):
Plans
Name & TitleActionDateRule 10b5-1 PlanNon-Rule 10b5-1 Plan
Aggregate number/dollar value of securities to be purchased or sold (1)
Plan expiration date (2)
Steve Conine, Co-Chairman and Co-Founder
Adoption
May 7, 2024
X
Up to 650,000 shares to be sold
September 5, 2025
Niraj Shah, Chief Executive Officer, Co-Chairman and Co-Founder
Adoption
May 7, 2024
X
Up to 650,000 shares to be sold
September 5, 2025
(1)
The “Aggregate number/dollar value of securities to be sold” represents the gross number or value of shares to be sold during the duration of the plan, before excluding any shares sold pursuant to the Company’s mandatory policies to cover necessary tax withholding obligations in connection with the vesting of the securities.
(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 Plan” only permitted or only permits transactions upon expiration of the applicable mandatory cooling-off period under Rule 10b5-1(c), as amended.
Non-Rule 10b5-1 Arrangement Adopted false  
Rule 10b5-1 Arrangement Terminated false  
Non-Rule 10b5-1 Arrangement Terminated false  
Steve Conine [Member]    
Trading Arrangements, by Individual    
Name Steve Conine  
Title Co-Chairman and Co-Founder  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date May 7, 2024  
Expiration Date September 5, 2025  
Arrangement Duration 486 days  
Aggregate Available 650,000 650,000
Niraj Shah [Member]    
Trading Arrangements, by Individual    
Name Niraj Shah  
Title Chief Executive Officer, Co-Chairman and Co-Founder  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date May 7, 2024  
Expiration Date September 5, 2025  
Arrangement Duration 486 days  
Aggregate Available 650,000 650,000