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Insider Trading Arrangements
3 Months Ended
Mar. 31, 2025
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

During the three months ended March 31, 2025, the following officer and director adopted and/or terminated one or more Rule 10b5-1 trading arrangements as defined in Regulation S-K Item 408, as follows:

On February 21, 2025, William Koefoed, our Chief Financial Officer, terminated a Rule 10b5-1 trading arrangement, which was previously adopted on July 23, 2024 and modified on September 9, 2024, and intended to satisfy the affirmative defense in Rule 10b5-1(c). For additional details about the material terms of this arrangement, refer to the description contained in Part II, Item 5. Other Information of our Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, which is incorporated herein by reference.

On February 21, 2025, Mr. Koefoed adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 279,916 shares of our Class A common stock. The number of shares that may be sold under the trading arrangement will be reduced by the number of shares (not yet fully determinable) withheld to satisfy tax obligations upon the vesting of certain outstanding equity awards. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until February 20, 2026, or earlier if all transactions under the trading arrangement are completed.

On February 28, 2025, Jonathan Mariner, a member of our board of directors, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 46,411 shares of our Class A common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of the trading arrangement is until May 6, 2026, or earlier if all transactions under the trading arrangement are completed.

During the three months ended March 31, 2025, no other directors or officers, as defined in Rule 16a-1(f), adopted, modified or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408 of Regulation S-K.

Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
Rule 10b5-1 Arrangement Modified false
Non-Rule 10b5-1 Arrangement Modified false
Jonathan Mariner [Member]  
Trading Arrangements, by Individual  
Name Jonathan Mariner
Title board of directors
Rule 10b5-1 Arrangement Adopted true
Adoption Date February 28, 2025
Expiration Date May 6, 2026
Arrangement Duration 433 days
Aggregate Available 46,411
Rule 10b5-1 Trading Plan One [Member] | William Koefoed [Member]  
Trading Arrangements, by Individual  
Name William Koefoed
Title Chief Financial Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date July 23, 2024
Rule 10b5-1 Arrangement Terminated true
Termination Date February 21, 2025
Modified Date Sep. 09, 2024
Rule 10b5-1 Trading Plan Two [Member] | William Koefoed [Member]  
Trading Arrangements, by Individual  
Name Mr. Koefoed
Rule 10b5-1 Arrangement Adopted true
Adoption Date February 21, 2025
Expiration Date February 20, 2026
Arrangement Duration 365 days
Aggregate Available 279,916