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Insider Trading Arrangements - Luca Savi [Member] | 9 Months Ended
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Sep. 27, 2025 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | Luca Savi, the Company’s CEO and President, entered into a Rule 10b5-1 trading arrangement (the “Rule 10b-5 Plan”) on June 2, 2025, that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The Rule 10b-5 Plan provided for the sale, subject to certain price limits, of up to 40,282 shares of the Company’s common stock. The Rule 10b-5 Plan had a trading effective date of September 1, 2025, and no sales were permitted to occur before that date. Mr. Savi terminated the Rule 10b-5 plan on August 5, 2025, which was the third business day after the Company disclosed its financial results for the period ended June 28, 2025. No shares were sold pursuant to the Rule 10b-5 Plan. Also, as previously disclosed, Mr. Savi sold an aggregate of 68,026 shares of the Company’s common stock in open market transactions on August 7 and 8, 2025. The sales were made to facilitate his purchase of a new personal residence near the Company’s headquarters. Following these sales, Mr. Savi continues to satisfy the Company’s executive stock ownership guidelines.
Name | Luca Savi
Title | CEO and President
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | June 2, 2025
Expiration Date | August 5, 2025
Arrangement Duration | 64 days
Aggregate Available | 40,282

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