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Insider Trading Arrangements | 3 Months Ended
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Jun. 30, 2025 shares
Trading Arrangements, by Individual |  |
Material Terms of Trading Arrangement | During the quarter ended June 30, 2025, no director or Section 16 officer of the Company adopted or terminated a "non-Rule 10b5-1 trading arrangement," as defined in Item 408(a) of Regulation S-K. The following table describes contracts, instructions or written plans for the sale or purchase of our securities adopted by directors and Section 16 officers of the Company during the quarter ended June 30, 2025, each of which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), referred to as Rule 10b5-1 trading plans:
Name and Title |  | Action |  | Date of Action |  | Scheduled Expiration Date |  | Aggregate Number of Securities to be Purchased or Sold(1)
David S. Regnery Chair and CEO |  | Adopt |  | 6/2/2025 |  | 6/2/2026 |  | Sale of up to 64,956(2) shares of common stock
Raymond D. Pittard(3) Executive Vice President, Chief Integrated Supply Chain Officer |  | Adopt |  | 5/14/2025 |  | 11/14/2025 |  | Sale of up to 19,361 shares of common stock
Elizabeth Elwell Vice President and Chief Accounting Officer |  | Adopt |  | 6/11/2025 |  | 3/11/2026 |  | Sale of up to 1,723(4) shares of common stock
(1) Aggregate number of shares in this column includes shares that may be forfeited or withheld to satisfy exercise price and tax obligations at the time of vesting. (2) This figure includes a grant of 31,865 unvested PSUs that are expected to vest during the term of the 10b5-1 plan, which are assumed to vest at 100% of the target award amount. The actual number of PSUs that may vest can vary between 0% - 200% of the target award amount, subject to the achievement of certain performance conditions as set forth in the PSU award agreement. (3) Mr. Pittard retired effective July 1, 2025. (4) This figure includes a grant of 444 unvested PSUs that are expected to vest during the term of the 10b5-1 plan, which are assumed to vest at 100% of the target award amount. The actual number of PSUs that may vest can vary between 0% - 200% of the target award amount, subject to the achievement of certain performance conditions as set forth in the PSU award agreement. |
David S. Regnery [Member] |  |
Trading Arrangements, by Individual |  |
Name | David S. Regnery |
Title | Chair and CEO |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | 6/2/2025 |
Aggregate Available | 64,956 | [1]
Raymond D. Pittard [Member] |  |
Trading Arrangements, by Individual |  |
Name | Raymond D. Pittard | [2]
Title | Executive Vice President, Chief Integrated Supply Chain Officer |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | 5/14/2025 |
Aggregate Available | 19,361 |
Elizabeth Elwell [Member] |  |
Trading Arrangements, by Individual |  |
Name | Elizabeth Elwell |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | 6/11/2025 |
Aggregate Available | 1,723 | [3]
[1] | This figure includes a grant of 31,865 unvested PSUs that are expected to vest during the term of the 10b5-1 plan, which are assumed to vest at 100% of the target award amount. The actual number of PSUs that may vest can vary between 0% - 200% of the target award amount, subject to the achievement of certain performance conditions as set forth in the PSU award agreement.
[2] | Mr. Pittard retired effective July 1, 2025.
[3] | This figure includes a grant of 444 unvested PSUs that are expected to vest during the term of the 10b5-1 plan, which are assumed to vest at 100% of the target award amount. The actual number of PSUs that may vest can vary between 0% - 200% of the target award amount, subject to the achievement of certain performance conditions as set forth in the PSU award agreement.

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