XML 69 R41.htm IDEA: XBRL DOCUMENT v3.24.0.1
Insider Trading Arrangements
3 Months Ended 12 Months Ended
Dec. 31, 2023
shares
Dec. 31, 2023
shares
Executive Officer Trading Arrangement [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
The following table describes contracts, instructions or written plans for the sale or purchase of our securities adopted by our executive officers during the three months ended December 31, 2023, which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), referred to as Rule 10b5-1 trading plans. The plan listed below is only executed when the stock price reaches a required minimum. In addition, the executives identified in the table below are required to maintain an ownership of the Company’s common stock with a value equal to at least a multiple of their annual base salary (three times for Mr. Hurd).
Name and TitleDate of Adoption of Rule 10b5-1 Trading PlanScheduled Start Date of Rule 10b5-1 Trading Plan
Scheduled Expiration Date of Rule 10b5-1 Trading Plan(1)
Aggregate Number of Securities to be Purchased or Sold
Jeffrey J. Hurd
Chief Operating Officer
11/17/2023
2/16/2024
8/15/2024
Sale of up to 59,814 shares(2) of common stock in several transactions through the scheduled expiration date in 2024.
(1)In each case, a Rule 10b5-1 trading plan may also expire on such earlier date as all transactions under the Rule 10b5-1 trading plan are completed.
(2)59,814 of Mr. Hurd’s shares consist of common stock already owned.
Executive Officer Trading Arrangement [Member] | Jeffery J. Hurd [Member]    
Trading Arrangements, by Individual    
Name Jeffrey J. Hurd  
Title Chief Operating Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date 11/17/2023  
Arrangement Duration 272 days  
Aggregate Available 59,814 59,814
Director Trading Arrangement [Member]    
Trading Arrangements, by Individual    
Rule 10b5-1 Arrangement Adopted false  
Non-Rule 10b5-1 Arrangement Adopted false  
Rule 10b5-1 Arrangement Terminated false  
Non-Rule 10b5-1 Arrangement Terminated false