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Insider Trading Arrangements | 3 Months Ended
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Feb. 01, 2025 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | The following table describes, for the first quarter of fiscal 2025, each trading arrangement for the sale or purchase of our securities adopted, terminated or for which the amount, pricing or timing provisions were modified by our directors and officers (as defined in Rule 16a-1(f) of the Exchange Act) that is either (1) a contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) (a “Rule 10b5-1 trading arrangement”) or (2) a “non-Rule 10b5-1 trading arrangement” (as defined in Item 408(c) of Regulation S-K):
Name (Title) | Action Taken (Date of Action) | Type of Trading Arrangement | Nature of Trading Arrangement | Duration of Trading Arrangement | Aggregate Number of Securities to be Purchased or Sold
Joseph Cumello (Senior Vice President and General Manager of Blue Planet) | Adoption (January 14, 2025) | Rule 10b5-1 trading arrangement | Sales | Until December 31, 2026, or such earlier date upon which all transactions are completed or expire without execution | (1)
David M. Rothenstein (Senior Vice President, Chief Strategy Officer and Secretary) | Adoption (December 23, 2024) | Rule 10b5-1 trading arrangement | Sales | Until December 23, 2025, or such earlier date upon which all transactions are completed or expire without execution | Up to 25,000 shares of common stock
(1) The aggregate number of shares of common stock to be sold pursuant to Mr. Cumello’s arrangement is up to 100% of the net after-tax shares of common stock to be received as a result of the vesting of an aggregate of 23,496 restricted stock units on June 20, 2025, September 20, 2025, December 20, 2025, March 20, 2026, June 20, 2026, September 20, 2026, and December 20, 2026. The actual number of net after-tax shares to be received will vary based on the market price of our common stock at the time of settlement.
Non-Rule 10b5-1 Arrangement Adopted | false
Rule 10b5-1 Arrangement Terminated | false
Non-Rule 10b5-1 Arrangement Terminated | false
Joseph Cumello [Member] |
Trading Arrangements, by Individual |
Name | Joseph Cumello
Title | (Senior Vice President and General Manager of Blue Planet)
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | (January 14, 2025)
Expiration Date | December 31, 2026
Arrangement Duration | 716 days
Aggregate Available | 23,496
David M Rothenstein [Member] |
Trading Arrangements, by Individual |
Name | David M. Rothenstein
Title | (Senior Vice President, Chief Strategy Officer and Secretary)
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | (December 23, 2024)
Expiration Date | December 23, 2025
Arrangement Duration | 365 days
Aggregate Available | 25,000

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