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Insider Trading Arrangements | 3 Months Ended
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May 31, 2024 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | On May 1, 2024, Merline Saintil, a member of the Company’s Board of Directors, adopted a trading arrangement for the sale of securities of the Company’s common stock that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act. Ms. Saintil’s Rule 10b5-1 trading arrangement provides for the sale of up to 468 shares of common stock until March 31, 2025 pursuant to the terms of the plan. On May 8, 2024, Marshall Witt, the Company’s Chief Financial Officer, adopted a trading arrangement for the sale of securities of the Company’s common stock that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act. Mr. Witt’s Rule 10b5-1 trading arrangement provides for the sale of up to (i) 17,480 shares of common stock (of which 7,549 shares are to be acquired upon the exercise of employee stock options) and (ii) 100% net shares (not yet determinable) of common stock resulting from the vesting of certain equity awards (net shares are net of tax withholding), until June 23, 2025 pursuant to the terms of the plan.
Non-Rule 10b5-1 Arrangement Adopted | false
Rule 10b5-1 Arrangement Terminated | false
Non-Rule 10b5-1 Arrangement Terminated | false
Merline Saintil [Member] |
Trading Arrangements, by Individual |
Name | Merline Saintil
Title | member of the Company’s Board of Directors
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | May 1, 2024
Arrangement Duration | 334 days
Aggregate Available | 468
Marshall Witt [Member] |
Trading Arrangements, by Individual |
Name | Marshall Witt
Title | Chief Financial Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | May 8, 2024
Arrangement Duration | 411 days
Aggregate Available | 17,480
Marshall Witt Trading Arrangement, Employee Stock Options [Member] | Marshall Witt [Member] |
Trading Arrangements, by Individual |
Aggregate Available | 7,549

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