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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 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
Mark Pearson
President and Chief Executive Officer
5/30/20248/29/20248/15/2025
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