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Insider Trading Arrangements | 3 Months Ended | 6 Months Ended
--- | --- | ---
Dec. 31, 2024 shares | Dec. 31, 2024 shares
Trading Arrangements, by Individual |  |
Material Terms of Trading Arrangement |  | Rule 10b5-1 Trading Plans Adopted by Officers and Directors During the Second Quarter During the three months ended December 31, 2024, the following officer of the Company adopted a trading plan to sell and/or gift shares of our common stock that have been or will be issued upon the vesting of RSUs, or purchased in our Employee Stock Purchase Plan, that are intended to satisfy the affirmative defense conditions set forth in Rule 10b5-1(c) under the Securities Exchange Act. The material terms of the trading plan other than pricing conditions are set forth in the table below:
Name of Officer | Title of Officer | Date of Adoption | Duration | Maximum Number of Shares to be Sold* ^
Richard Wallace | President and Chief Executive Officer | November 4, 2024 | 376 days ** | 24,822 |
* Due to pricing conditions in the trading plans, the number of shares actually sold under the trading plans may be less than the maximum number of shares that can be sold. Shares sold under plans upon the vesting of PRSUs where the performance conditions have not been met at the time of plan adoption or are to be purchased in the future under our employee stock purchase plan are calculated at the maximum number of shares that may be issued, with fractional shares disregarded. ^ For RSUs that have not vested, the maximum number of shares to be sold does not take into account shares withheld for taxes. ** Mr. Wallace's trading plan terminates when the last trade is placed under the plan. The last scheduled trade is on November 11, 2025; provided that if any scheduled trades are not placed because of trading conditions set forth in the plan, the trading plan will terminate on November 14, 2025.
Non-Rule 10b5-1 Arrangement Adopted | false |
Rule 10b5-1 Arrangement Terminated | false |
Non-Rule 10b5-1 Arrangement Terminated | false |
Director Trading Arrangement [Member] |  |
Trading Arrangements, by Individual |  |
Rule 10b5-1 Arrangement Adopted | false |
Officer Trading Arrangement [Member] | Richard Wallace [Member] |  |
Trading Arrangements, by Individual |  |
Name | Richard Wallace |
Title | President and Chief Executive Officer |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | November 4, 2024 |
Expiration Date | November 14, 2025 |
Arrangement Duration | 376 days |
Aggregate Available | 24,822 | 24,822

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