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Insider Trading Arrangements | 3 Months Ended
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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
Liam J. Kelly [Member] |
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | As previously disclosed in the Form 8-K filed on May 9, 2024, on May 7, 2024, Liam J. Kelly, our Chairman, President and Chief Executive Officer, adopted a trading plan for the sale of shares of our common stock, which plan is intended to satisfy the affirmative defense conditions of Rule 10b5–1(c) (a “10b5-1 Plan”) under the Securities Exchange Act of 1934, as amended. The 10b5-1 Plan provides for the sale in the open market of up to 36,464 shares of our common stock issuable to Mr. Kelly upon the exercise of stock options, which are scheduled to expire in 2025. Sales under the 10b5-1 Plan are scheduled to take place in two tranches, with the first occurring in November 2024 and the second occurring in December 2024. Any shares that are sold under the Plan will be sold on the open market, subject to minimum price thresholds specified in the Plan. If any shares remain unsold following the scheduled sale dates because the minimum price threshold was not available, the shares may be sold thereafter through January 2025, subject to a specified minimum price threshold.
Name | Liam J. Kelly
Title | Chairman, President and Chief Executive Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | May 7, 2024
Expiration Date | December 2024
Arrangement Duration | 60 days
Aggregate Available | 36,464

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