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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 |  |
Non-Rule 10b5-1 Arrangement Adopted | false |
Rule 10b5-1 Arrangement Terminated | false |
Non-Rule 10b5-1 Arrangement Terminated | false |
Mark Pearson [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 June 30, 2024, 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 executive identified in the table below is required to maintain an ownership of the Company’s common stock with a value equal to at least a multiple of his annual base salary (6 times for Mr. Pearson).
Name and Title | Date of Adoption of Rule 10b5-1 Trading Plan | Scheduled 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
Mark Pearson President and Chief Executive Officer | 5/30/2024 | 8/29/2024 | 8/15/2025 | Sale of up to 360,000 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)240,000 of Mr. Pearson’s shares consist of stock options and 120,000 of Mr. Pearson’s shares consist of common stock already owned.
Name | Mark Pearson |
Title | President and Chief Executive Officer |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | 5/30/2024 |
Expiration Date | 8/15/2025 |
Arrangement Duration | 351 days |
Aggregate Available | 360,000 | 360,000
Mark Pearson Trading Arrangement, Stock Options [Member] | Mark Pearson [Member] |  |
Trading Arrangements, by Individual |  |
Aggregate Available | 240,000 | 240,000
Mark Pearson Trading Arrangement, Common Stock [Member] | Mark Pearson [Member] |  |
Trading Arrangements, by Individual |  |
Aggregate Available | 120,000 | 120,000

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