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Insider Trading Arrangements
3 Months Ended
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