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

Except as described below, none of the directors or officers (as defined in Rule 16a-1(f) promulgated under the Exchange Act) of the Company adopted or terminated any Rule 10b5-1 trading arrangement or any non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K) during the three months ended March 31, 2025.

Each of Lisa W. Hess, a Director of the Company, and Edward J. Hoffman, Senior Executive Vice President and General Counsel, entered into a Rule 10b5-1 trading plan that is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended, and the Company’s policies regarding transactions in Company securities.

Ms. Hess entered into the trading plan on February 14, 2025, pursuant to which she may sell a maximum of 45% of the shares of the Company’s common stock that will be distributed to her upon her retirement from the board in May 2025, which number of shares that can be sold will not exceed 53,788 shares. Sales pursuant to the trading plan will occur at prevailing market prices (subject to a price threshold) on set dates through the expiration of the plan on August 1, 2025, or the earlier completion of all sales under the plan.

Mr. Hoffman entered into the trading plan on February 18, 2025, pursuant to which he may sell up to a maximum aggregate number of 60,000 shares of the Company’s common stock, with sales occurring at prevailing market prices (subject to a price threshold) on set dates through the expiration of the plan on January 30, 2026, or the earlier completion of all sales under the plan.
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
Lisa W. Hess  
Trading Arrangements, by Individual  
Name Lisa W. Hess
Title Director
Rule 10b5-1 Arrangement Adopted true
Adoption Date February 14, 2025
Expiration Date August 1, 2025
Arrangement Duration 169 days
Aggregate Available 53,788
Edward J. Hoffman  
Trading Arrangements, by Individual  
Name Edward J. Hoffman
Title Senior Executive Vice President and General Counsel
Rule 10b5-1 Arrangement Adopted true
Adoption Date February 18, 2025
Expiration Date January 30, 2026
Arrangement Duration 347 days
Aggregate Available 60,000