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Insider Trading Arrangements | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 shares | Jun. 30, 2024 shares
Trading Arrangements, by Individual |  |
Material Terms of Trading Arrangement |  | During the six months ended June 30, 2024, none of our directors or officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted, modified, or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as those terms are defined in Item 408 of Regulation S-K, except as described in the table below:
Name | Title | Action | Character of Trading Arrangement(1) | Adoption Date | Earliest Sale Date | Expiration Date(2) | Aggregate # of securities to be purchased or sold(3)
Kevin M. Rayment | Vice President and Chief Operating Officer | Adoption | Rule 10b5-1 Trading Arrangement | March 3, 2024 | June 3, 2024 | December 31, 2024 | Up to 8,415 shares to be sold
1.Except as indicated by footnote, the trading arrangement marked as a “Rule 10b5-1 Trading Arrangement” is intended to satisfy the affirmative defense of Rule 10b5-1(c), as amended. 2.The Rule 10b5-1 trading arrangement permits transactions through and including the earlier to occur of (a) the completion of all purchases or sales, (b) the date listed in the table, or (c) such date the trading arrangement is otherwise terminated according to its terms. The trading arrangements also provide for automatic expiration in the event of death, dissolution, bankruptcy, or insolvency of the adopting person. 3.The volume of sales is based on pricing triggers outlined in the Rule 10b5-1 trading Arrangement. The 10b5-1 Trading Arrangement in the above table included a representation from the officer to the broker administering the plan that such individual (i) was not in possession of any material nonpublic information regarding the Company or the securities subject to the plan and (ii) the plan was entered into good faith and not as part of a plan or scheme to evade securities law. A similar representation was made to the Company in connection with the adoption of the plan. Those representations were made as of the date of adoption of the 10b5-1 plan and speak only as of that date. In making those representations, there is no assurance with respect to any material nonpublic information of which the officer was unaware, or with respect to any material nonpublic information acquired by the officer or the Company after the date of the representation. Actual sale transactions will be disclosed publicly through Form 144 and Form 4 filings with the SEC, as required.
Non-Rule 10b5-1 Arrangement Adopted | false |
Rule 10b5-1 Arrangement Terminated | false |
Non-Rule 10b5-1 Arrangement Terminated | false |
Kevin M. Rayment [Member] |  |
Trading Arrangements, by Individual |  |
Name | Kevin M. Rayment |
Title | Vice President and Chief Operating Officer |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | March 3, 2024 |
Expiration Date | December 31, 2024 |
Arrangement Duration | 211 days |
Aggregate Available | 8,415 | 8,415

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