XML 40 R25.htm IDEA: XBRL DOCUMENT v3.25.2
Insider Trading Arrangements - Stephen Mawer
3 Months Ended
Jun. 30, 2025
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

As previously disclosed, Stephen Mawer, Chair of the Board of Directors of the Company, on behalf of Mawer Enterprises LLC and Mawer Investments Ltd., adopted a trading plan (the “Plan”) on November 15, 2024 intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act. Mr. Mawer has a controlling interest in Mawer Enterprises LLC, the general partner of Mawer Investments Ltd. The Plan commenced on March 6, 2025 and was scheduled to expire on December 31, 2025. The Plan provided for the potential sale of up to 40,205 shares of common stock of the Company (“Common Stock”) pursuant to the terms of the Plan.

On May 13, 2025, Mr. Mawer terminated the Plan. As previously reported, prior to the termination of the Plan, 10,965 shares of Common Stock were sold pursuant to the Plan.

During the three months ended June 30, 2025, no other director or officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408 of Regulation S-K.

Name Stephen Mawer,
Title Chair of the Board of Directors
Rule 10b5-1 Arrangement Adopted true
Adoption Date November 15, 2024
Rule 10b5-1 Arrangement Terminated true
Termination Date May 13, 2025
Expiration Date December 31, 2025
Aggregate Available 40,205