XML 40 R25.htm IDEA: XBRL DOCUMENT v3.25.3
Insider Trading Arrangements
3 Months Ended
Sep. 30, 2025
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
The following table describes contracts, instructions or written plans for the sale or purchase of our securities that were intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement” by our directors or executive officers during the three-month period ended September 30, 2025.
Trading Arrangement
Action
Date
Rule 10b5-1 (1)
Non-Rule 10b5-1 (2)
Maximum Shares to be Sold
Expiration Date
Shrisha Radhakrishna (President)
Adopt
8/5/2025
X

1,402,500(3)
10/31/2026
Selim Freiha (Former Chief Financial Officer)
Adopt
8/5/2025
X
2,252,093(4)
10/31/2026
Shrisha Radhakrishna (President)
Terminate
8/15/2025
X

1,402,500(3)
10/31/2026
Sydney Schaub (Chief Legal Officer)
Terminate
8/22/2025X
1,194,668(5)
12/15/2025
Selim Freiha (Former Chief Financial Officer)
Terminate
8/25/2025
X
2,252,093(4)
10/31/2026
______________
(1)Intended to satisfy the affirmative defense of Rule 10b5-1(c)
(2)Not intended to satisfy the affirmative defense of Rule 10b5-1(c)
(3)At the time of adoption, the maximum number of shares that could be sold was unknown. The Rule 10b5-1 trading arrangement contemplated, as of the adoption date, the sale of up to 1,402,500 shares of common stock subject to RSUs previously granted to Mr. Radhakrishna that will vest at various dates between November 15, 2025 and October 15, 2026.
The aggregate number of Mr. Radhakrishna’s RSU shares that will be available for sale under the Plan is not yet determinable because the shares available will be net of shares sold to satisfy tax withholding obligations that arise in connection with the vesting and settlement of such RSU awards.
(4)At the time of adoption, the maximum number of shares that could be sold was unknown. The Rule 10b5-1 trading arrangement contemplated, as of the adoption date, the sale of up to 2,252,093 shares of common stock subject to RSUs previously granted to Mr. Freiha that were scheduled to vest or vested at various dates between November 15, 2025 and October 15, 2026, prior to Mr. Freiha’s resignation from his position as Chief Financial Officer effective September 19, 2025. The aggregate number of Mr. Freiha’s RSU shares that will be available for sale under the Plan is not yet determinable because the shares available will be net of shares sold to satisfy tax withholding obligations that arise in connection with the vesting and settlement of such RSU awards.
(5)At the time of adoption, the maximum number of shares that could be sold was unknown. The Rule 10b5-1 trading arrangement contemplated, as of the adoption date, the sale of up to 393,260 shares of common stock; however, 373,382 of such shares may be sold pursuant to a prior Rule 10b5-1 trading arrangement that will expire prior to the commencement of sales under the plan adopted on September 3, 2024. The Rule 10b5-1 trading arrangement also contemplated, as of the adoption date, the sale of up to 801,408 shares of common stock subject to RSUs previously granted to Ms. Schaub that will vest or vested at various dates between September 15, 2024 and October 15, 2025, as well as an unknown number of shares to be purchased in the future pursuant to the Company’s Employee Stock Purchase Plan. The aggregate number of Ms. Schaub’s RSU shares that will be available for sale under the Plan is not yet determinable because the shares available will be net of shares sold to satisfy tax withholding obligations that arise in connection with the vesting and settlement of such RSU awards.
Non-Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Terminated false
Sydney Schaub [Member]  
Trading Arrangements, by Individual  
Name Sydney Schaub
Title Chief Legal Officer
Rule 10b5-1 Arrangement Terminated true
Termination Date 8/22/2025
Aggregate Available 1,194,668
Shrisha Radhakrishna, August 2025 Plan [Member] | Shrisha Radhakrishna [Member]  
Trading Arrangements, by Individual  
Name Shrisha Radhakrishna
Title President
Rule 10b5-1 Arrangement Adopted true
Adoption Date 8/5/2025
Expiration Date 10/31/2026
Arrangement Duration 452 days
Aggregate Available 1,402,500
Selim Freiha, August 2025 Plan [Member] | Selim Freiha [Member]  
Trading Arrangements, by Individual  
Name Selim Freiha
Title Former Chief Financial Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date 8/5/2025
Expiration Date 10/31/2026
Arrangement Duration 452 days
Aggregate Available 2,252,093
Shrisha Radhakrishna, Prior To August 2025 Plan [Member] | Shrisha Radhakrishna [Member]  
Trading Arrangements, by Individual  
Name Shrisha Radhakrishna
Title President
Rule 10b5-1 Arrangement Terminated true
Termination Date 8/15/2025
Aggregate Available 1,402,500
Selim Freiha, Prior To August 2025 Plan [Member] | Selim Freiha [Member]  
Trading Arrangements, by Individual  
Name Selim Freiha
Title Former Chief Financial Officer
Rule 10b5-1 Arrangement Terminated true
Termination Date 8/25/2025
Aggregate Available 2,252,093