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Insider Trading Arrangements
3 Months Ended 12 Months Ended
Dec. 31, 2024
shares
Dec. 31, 2024
shares
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
ITEM 9B. OTHER INFORMATION
On December 23, 2024, Christian Ulbrich, the Company’s Chief Executive Officer, entered into a pre-planned stock trading arrangement (the “Trading Plan”) designed to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, and the Company’s insider trading policy.
The Trading Plan provides for the sale of up to 30,000 shares of the Company’s common stock over a twelve-month period, subject to certain price thresholds and with no more than 5,000 shares being sold on any trading day. Sales under the Trading Plan may commence no earlier than July 1, 2025, and will terminate on the earlier of June 30, 2026, or when all shares under the plan have been sold.
No other directors or officers adopted or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of a Rule 10b5-1(c) trading arrangement or a non-Rule 10b5-1 trading arrangement as such terms are defined under Item 1 408(a) or Regulation S-K during the quarter ended December 31, 2024.
Non-Rule 10b5-1 Arrangement Adopted false  
Rule 10b5-1 Arrangement Terminated false  
Non-Rule 10b5-1 Arrangement Terminated false  
Christian Ulbrich [Member]    
Trading Arrangements, by Individual    
Name Christian Ulbrich  
Title Chief Executive Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date 12/23/2024  
Arrangement Duration 365 days  
Christian Ulbrich Trading Arrangement Common Stock [Member] | Christian Ulbrich [Member]    
Trading Arrangements, by Individual    
Aggregate Available 30,000 30,000
Christian Ulbrich Trading Arrangement Limit [Member] | Christian Ulbrich [Member]    
Trading Arrangements, by Individual    
Aggregate Available 5,000 5,000