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Insider Trading Arrangements
3 Months Ended 6 Months Ended
Jun. 30, 2025
shares
Jun. 30, 2025
shares
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
During the three months ended June 30, 2025, the Company’s directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted, materially modified or terminated written plans intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) for the sale of the Company’s securities as set forth in the table below.
NamePosition
Action
Date
Total Shares of Class A Common Stock to be SoldExpiration Date
Kerry Acocella
General Counsel and Secretary
Modification (1)
May 30, 2025
Up to 47,668 shares
December 31, 2025
Amit Agarwal (2)
Director
Adoption
June 13, 2025133,333September 8, 2026
Shardul Shah (3)
Director
Adoption
June 13, 202595,000September 12, 2026
Alexis Lê-Quôc
Chief Technology Officer & Director
Adoption
June 13, 2025
1,165,632 (4)
October 30, 2026
(1)Represents a modification under Rule 10b5-1(c)(1)(iv) of a Rule 10b5-1 trading plan adopted on December 13, 2024, which did not result in any change to the total number of shares to be sold under or the expiration date of the plan. The actual number of shares that will be sold under the Rule 10b5-1 trading plan will be reduced by the number of shares sold pursuant to the Company’s election under its equity incentive plans to require the satisfaction of tax withholding obligations realized upon the vesting of RSUs and PSUs to be funded by a sell-to-cover transaction. The number of Company shares to be sold to satisfy the Company’s tax withholding obligation is not known at this time as it is dependent on future events, including the future trading price of the Company’s shares.
(2)The shares will be sold under a Rule 10b5-1 trading plan by the Agarwal 2018 Family Trust.
(3)The shares will be sold under a Rule 10b5-1 trading plan by the 2019 Shah Family Trust.
(4)Approximately 128,000 shares will be sold in sell-to-cover transactions intended to satisfy tax withholding obligations and exercise costs realized upon the exercise of stock options.
Non-Rule 10b5-1 Arrangement Adopted false  
Rule 10b5-1 Arrangement Terminated false  
Non-Rule 10b5-1 Arrangement Terminated false  
Amit Agarwal [Member]    
Trading Arrangements, by Individual    
Name Amit Agarwal (2)  
Title Director  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date June 13, 2025  
Expiration Date September 8, 2026  
Arrangement Duration 452 days  
Aggregate Available 133,333 133,333
Shardul Shah [Member]    
Trading Arrangements, by Individual    
Name Shardul Shah (3)  
Title Director  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date June 13, 2025  
Expiration Date September 12, 2026  
Arrangement Duration 456 days  
Aggregate Available 95,000 95,000
Alexis Lê-Quôc [Member]    
Trading Arrangements, by Individual    
Name Alexis Lê-Quôc  
Title Chief Technology Officer & Director  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date June 13, 2025  
Expiration Date October 30, 2026  
Arrangement Duration 504 days  
Aggregate Available 1,165,632 1,165,632
Kerry Acocella [Member]    
Trading Arrangements, by Individual    
Arrangement Duration 215 days