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Insider Trading Arrangements
3 Months Ended 6 Months Ended
Jun. 30, 2025
shares
Jun. 30, 2025
shares
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, 2025, which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), referred to as Rule 10b5-1 trading plans. The plans listed below are 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 Holdings’ common stock with a value equal to at least a multiple of his annual base salary (6 times for Mr. Pearson, 3 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
Mark Pearson
President and Chief Executive Officer
6/15/2025
8/15/2025
8/18/2026
Sale of up to 476,400 shares(2) of common stock in several transactions through the scheduled expiration date in 2025.
Jeffrey Hurd
Chief Operating Officer
5/1/2025
8/15/2025
1/30/2026
Sale of up to 40,740 shares(3) of common stock in several transactions through the scheduled expiration date in 2026.
(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)326,400 of Mr. Pearson’s shares consist of stock options and 150,000 of Mr. Pearson’s shares consist of common stock already owned.
(3)40,740 of Mr. Hurd’s shares consist of common stock already owned.
Other than as set forth in the table above, during the three months ended June 30, 2025, none of the Company’s directors or executive officers adopted, terminated or modified a Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K of the Securities Act of 1933, as amended).
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    
Name Mark Pearson  
Title President and Chief Executive Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date 6/15/2025  
Expiration Date 8/18/2026  
Arrangement Duration 368 days  
Aggregate Available 476,400 476,400
Jeffrey Hurd [Member]    
Trading Arrangements, by Individual    
Name Jeffrey Hurd  
Title Chief Operating Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date 5/1/2025  
Expiration Date 1/30/2026  
Arrangement Duration 168 days  
Aggregate Available 40,740 40,740
Mark Pearson Trading Arrangement, Stock Options [Member] | Mark Pearson [Member]    
Trading Arrangements, by Individual    
Aggregate Available 326,400 326,400
Mark Pearson Trading Arrangement, Common Stock [Member] | Mark Pearson [Member]    
Trading Arrangements, by Individual    
Aggregate Available 150,000 150,000
Jeffrey Hurd Trading Arrangement, Common Stock [Member] | Mark Pearson [Member]    
Trading Arrangements, by Individual    
Aggregate Available 40,740 40,740