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Insider Trading Arrangements | 3 Months Ended
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Mar. 31, 2025 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | Rule 10b5-1 Plan Trading Arrangements During the three months ended March 31, 2025, the following officers adopted a “Rule 10b5-1 trading arrangement” (as defined in Item 408 of Regulation S-K) that is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act and our policies on insider trading:
Name & Title |  | Date Adopted |  | Aggregate Number of Shares of Class A Common Stock to be Purchased or Sold Pursuant to Trading Arrangement |  | Expiration Date(1)
Ismail Elshareef, Chief Product Officer |  | March 3, 2025 |  | Up to 28,292 shares to be sold(2) |  | February 13, 2026
Javier Zamora, General Counsel and Corporate Secretary |  | March 3, 2025 |  | Up to 47,116 shares to be sold(3) |  | February 27, 2026
Dafna Sarnoff, Chief Marketing Officer |  | March 7, 2025 |  | Up to 42,323 shares to be sold(4) |  | April 30, 2026
(1) The Rule 10b5-1 trading arrangement permits transactions through and including the earlier to occur of (a) the completion of all sales or (b) the date listed in the table. The arrangement also provides for automatic expiration in the event of liquidation, dissolution, bankruptcy, insolvency, or death of the adopting person. (2) The Rule 10b5-1 trading arrangement includes the sale of shares to be received upon future vesting of certain outstanding equity awards, net of any shares withheld by us to satisfy applicable taxes. The number of shares to be withheld, and thus the exact number of shares to be sold pursuant to Mr. Elshareef’s Rule 10b5-1 trading arrangement, can only be determined upon the occurrence of the future vesting events. For purposes of this disclosure, we have reported the gross number of shares to be received upon the future vesting of such equity awards, before subtracting any shares to be withheld by us to satisfy applicable taxes in connection with such future vesting events. Furthermore, the Rule 10b5-1 trading arrangement provides for the sale of up to 9,273 shares directly held by Mr. Elshareef and the sale of up to 50% of the net shares that vest on certain applicable vesting dates, up to 19,019 shares. (3) The Rule 10b5-1 trading arrangement includes the sale of shares to be received upon future vesting of certain outstanding equity awards, net of any shares withheld by us to satisfy applicable taxes. The number of shares to be withheld, and thus the exact number of shares to be sold pursuant to Mr. Zamora’s Rule 10b5-1 trading arrangement, can only be determined upon the occurrence of the future vesting events. For purposes of this disclosure, we have reported the gross number of shares to be received upon the future vesting of such equity awards, before subtracting any shares to be withheld by us to satisfy applicable taxes in connection with such future vesting events. Furthermore, the Rule 10b5-1 trading arrangement provides for the sale of up to 12,265 shares directly held by Mr. Zamora. (4) The Rule 10b5-1 trading arrangement includes the sale of shares to be received upon future vesting of certain outstanding equity awards, net of any shares withheld by us to satisfy applicable taxes. The number of shares to be withheld, and thus the exact number of shares to be sold pursuant to Ms. Sarnoff’s Rule 10b5-1 trading arrangement, can only be determined upon the occurrence of the future vesting events. For purposes of this disclosure, we have reported the gross number of shares to be received upon the future vesting of such equity awards, before subtracting any shares to be withheld by us to satisfy applicable taxes in connection with such future vesting events. Other than those disclosed above, none of our directors or officers adopted, modified, or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” in each case as defined in Item 408 of Regulation S-K.
Ismail Elshareef |
Trading Arrangements, by Individual |
Name | Ismail Elshareef
Title | Chief Product Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | March 3, 2025
Expiration Date | February 13, 2026
Arrangement Duration | 348 days
Aggregate Available | 28,292
Javier Zamora |
Trading Arrangements, by Individual |
Name | Javier Zamora
Title | General Counsel and Corporate Secretary
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | March 3, 2025
Expiration Date | February 27, 2026
Arrangement Duration | 362 days
Aggregate Available | 47,116
Dafna Sarnoff |
Trading Arrangements, by Individual |
Name | Dafna Sarnoff
Title | Chief Marketing Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | March 7, 2025
Expiration Date | April 30, 2026
Arrangement Duration | 420 days
Aggregate Available | 42,323
Other Directors and Officers |
Trading Arrangements, by Individual |
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 10b 51 Arr Modified Flag | false
Non Rule 10b 51 Arr Modified Flag | false
Rule 10b5-1 Trading Arrangement One | Ismail Elshareef |
Trading Arrangements, by Individual |
Aggregate Available | 9,273
Rule 10b5-1 Trading Arrangement One | Javier Zamora |
Trading Arrangements, by Individual |
Aggregate Available | 12,265
Rule 10b5-1 Trading Arrangement Two | Ismail Elshareef |
Trading Arrangements, by Individual |
Aggregate Available | 19,019

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