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Insider Trading Arrangements
3 Months Ended
Mar. 31, 2025
shares
David K. Floyd  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

On February 28, 2025, David K. Floyd, a member of our Board of Directors, adopted a trading arrangement (the “Floyd Rule 10b5-1 Trading Plan”) for the sale of shares of Common Stock that is intended to satisfy the affirmative defense conditions of Exchange Act Rule 10b5-1(c). The Floyd Rule 10b5-1 Trading Plan provides for the sale of up to 5,021 shares of Common Stock issued under the terms of certain restricted stock units granted to Mr. Floyd by Merit.  The Floyd Rule 10b5-1 Trading Plan will terminate on June 2, 2026, unless terminated earlier pursuant to the terms of the Floyd Rule 10b5-1 Trading Plan.

Name David K. Floyd
Title member of our Board of Directors
Rule 10b5-1 Arrangement Adopted true
Adoption Date Feb. 28, 2025
Expiration Date Jun. 02, 2026
Aggregate Available 5,021
Michael R. McDonnell  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

On February 28, 2025, Michael R. McDonnell, a member of our Board of Directors, adopted a trading arrangement (the “McDonnell Rule 10b5-1 Trading Plan”) for the sale of shares of Common Stock that is intended to satisfy the affirmative defense conditions of Exchange Act Rule 10b5-1(c). The McDonnell Rule 10b5-1 Trading Plan provides for the sale of up to 3,500 shares of Common Stock issued or issuable under the terms of certain restricted stock units granted to Mr. McDonnell by Merit. The McDonnell Rule 10b5-1 Trading Plan will terminate on June 30, 2025, unless terminated earlier pursuant to the terms of the McDonnell Rule 10b5-1 Trading Plan.

Name Michael R. McDonnell
Title member of our Board of Directors
Rule 10b5-1 Arrangement Adopted true
Adoption Date Feb. 28, 2025
Expiration Date Jun. 30, 2025
Aggregate Available 3,500