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Insider Trading Arrangements | 3 Months Ended
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Dec. 31, 2023 shares
Trading Arrangements, by Individual |
Non-Rule 10b5-1 Arrangement Adopted | false
Rule 10b5-1 Arrangement Terminated | false
Non-Rule 10b5-1 Arrangement Terminated | false
Greg Johnson [Member] |
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | On December 1, 2023, Greg Johnson, the then Chief Executive Officer of the Company, established a plan intended to satisfy the affirmative defense of Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended, for the trading of the Company’s common stock. The plan provides for the sale of up to 32,291 shares at specific market prices, subject to specified limitations over a period beginning on March 4, 2024 and ending on December 31, 2024. The plan was established for the purposes of facilitating the exercise and subsequent sale of stock options with a ten-year contractual life that are due to expire February of 2028. The plan was established during the Company’s unrestricted trading window and at a time when Mr. Johnson was not in possession of material, non-public information about the Company. Mr. Johnson has informed the Company that he will publicly disclose, as required by federal securities laws, any option exercises and stock sales made under this plan.
Name | Greg Johnson
Title | the then Chief Executive Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | Dec. 01, 2023
Aggregate Available | 32,291

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