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Insider Trading Arrangements
3 Months Ended
Mar. 31, 2025
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement Rule 10b5-1 Trading Plans

The adoption or termination of contracts, instructions or written plans for the purchase or sale of our securities by our Section 16 officers and directors for the three months ended March 31, 2025, each of which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act (“Rule 10b5-1 Plan”), were as follows:

 

Name (Title)

Action Taken
(Date of Action)

Type of Trading Arrangement

Nature of Trading
Arrangement

Duration of Trading
Arrangement

Aggregate Number
of Securities

David Brainard
(
Chief Technology Officer)

Adoption
(
March 17, 2025)

Rule 10b5-1 trading arrangement

Sale

Until March 31, 2026, or such earlier date upon which all transactions are completed or expire without execution

Indeterminable (1)

Julia Brncic
(
General Counsel)

Adoption
(
March 17, 2025)

Rule 10b5-1 trading arrangement

Sale

Until September 20, 2025, or such earlier date upon which all transactions are completed or expire without execution

Indeterminable (2)

 

(1) Mr. Brainard's Rule 10b5-1 Trading Plan provides for the sale of an indeterminable number of shares of common stock from the settlement of restricted stock units (“RSUs”). The shares of common stock is unknown as the number will vary based on the extent to which vesting conditions of the RSUs are satisfied, the market price of the Company’s common stock at the time of settlement and the amount of shares that would otherwise be issuable on each settlement date of a covered RSU that are sold or withheld in an amount sufficient to satisfy applicable tax withholding obligations.

(2) Ms. Brncic's Rule 10b5-1 Trading Plan provides for the sale of an indeterminable number of shares of common stock from the settlement of RSUs. The shares of common stock is unknown as the number will vary based on the extent to which vesting conditions of the RSUs are satisfied, the market price of the Company’s common stock at the time of settlement and the amount of shares that would otherwise be issuable on each settlement date of a covered RSU that are sold or withheld in an amount sufficient to satisfy applicable tax withholding obligations.

Rule 10b5-1 Trading Arrangement Adoption [Member] | David Brainard [Member]  
Trading Arrangements, by Individual  
Name David Brainard
Title Chief Technology Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 17, 2025
Expiration Date March 31, 2026
Arrangement Duration 380 days
Rule 10b5-1 Trading Arrangement Adoption [Member] | Julia Brncic [Member]  
Trading Arrangements, by Individual  
Name Julia Brncic
Title General Counsel
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 17, 2025
Expiration Date September 20, 2025
Arrangement Duration 188 days