XML 28 R17.htm IDEA: XBRL DOCUMENT v3.25.3
Insider Trading Arrangements
9 Months Ended
Sep. 30, 2025
shares
Trading Arrangements, by Individual [Table]  
Material Terms of Trading Arrangement [Text Block]

Item 5. Other Information

 

Trading Arrangements

 

Except as noted below, during the nine-months ended September 30, 2025, none of our directors or officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement” as such terms are defined under Item 408 of Regulation S-K.

 

On May 14, 2025, Kevin Danahy, the Company’s Chief Commercial Officer, adopted a Rule 10b5‑1 trading arrangement intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act for the exercise of vested options and the sale of up to 150,000 shares of common stock between August 13, 2025 and May 1, 2026 (the “Sales Period”), net of shares to satisfy withholding obligations, so long as the market price of the Company’s common stock during the Sales Period is higher than certain minimum thresholds specified in his trading plan.

 

On June 12, 2025, Darrin Uecker, the Company’s Chief Technology Officer and a Director, adopted a Rule 10b5‑1 trading arrangement intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act for the exercise of expiring options and the sale of up to 120,000 shares of common stock between September 11, 2025 and September 20, 2025, net of shares to satisfy withholding obligations, so long as the market price of the Company’s common stock during the Sales Period was higher than a certain minimum threshold specified in his trading plan.

 

Non-Rule 10b5-1 Arrangement Adopted [Flag] false
Rule 10b5-1 Arrangement Terminated [Flag] false
Non-Rule 10b5-1 Arrangement Terminated [Flag] false
Kevin Danahy [Member]  
Trading Arrangements, by Individual [Table]  
Trading Arrangement, Securities Aggregate Available Amount 150,000
Trading Arrangement Adoption Date May 14, 2025
Trading Arrangement, Individual Name Kevin Danahy
Trading Arrangement, Individual Title Chief Commercial Officer
Rule 10b5-1 Arrangement Adopted [Flag] true
Darrin Uecker [Member]  
Trading Arrangements, by Individual [Table]  
Trading Arrangement, Securities Aggregate Available Amount 120,000
Trading Arrangement Adoption Date June 12, 2025
Trading Arrangement, Individual Name Darrin Uecker
Trading Arrangement, Individual Title Chief Technology Officer and a Director
Rule 10b5-1 Arrangement Adopted [Flag] true