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Insider Trading Arrangements - shares |  |  | 3 Months Ended
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Jun. 28, 2023 | Jun. 07, 2023 | Jul. 28, 2023
Trading Arrangements, by Individual |  |  |
Material Terms of Trading Arrangement |  |  | I tem 5. Other Information. Insider Adoption or Termination of Trading Arrangements O n June 7, 2023, Cesar Cernuda, President of the Company, entered into a 10b5-1 trading arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) promulgated under the Exchange Act. The trading arrangement will expire on June 7, 2024, and may be terminated earlier in the limited circumstances defined in the trading arrangement. An aggregate of 88,000 shares may be sold pursuant to the trading arrangement. On June 28, 2023, The Nevens Family 1997 Trust, a trust affiliated with T. Michael Nevens, Chair of the Board of Directors of the Company, entered into a 10b5-1 trading arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) promulgated under the Exchange Act. The trading arrangement will expire on September 30, 2024, and may be terminated earlier in the limited circumstances defined in the trading arrangement. An aggregate of 7,000 shares may be sold pursuant to the trading arrangement. No other directors or executive officers of the Company adopted, modified or terminated any contract, instruction or written plan for the purchase or sale of the Company’s securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any non-Rule 10b5 trading arrangement, (as defined in Item 408(c) of Regulation S-K) during the quarterly period covered by this report.
Name | T. Michael Nevens | Cesar Cernuda |
Title | Chair of the Board of Directors | President |
Rule 10b5-1 Arrangement Adopted | true | true | false
Non-Rule 10b5-1 Arrangement Adopted |  |  | false
Adoption Date | June 28, 2023 | June 7, 2023 |
Rule 10b5-1 Arrangement Terminated |  |  | false
Non-Rule 10b5-1 Arrangement Terminated |  |  | false
Termination Date | September 30, 2024 | June 7, 2024 |
Aggregate Available | 7,000 | 88,000 |

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