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Insider Trading Arrangements | 3 Months Ended
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Dec. 31, 2024 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | The following table provides information about trading arrangements adopted or terminated by certain of our officers and directors during the three months ended December 31, 2024.
|  |  |  |  |  | Trading arrangement(1) | Aggregate number of securities to be sold under plan |
Name and Title | Action | Date of Adoption | Plan effective date | Plan end date | Plan duration (months) | Rule 10b5-1 | Non-Rule 10b5-1
David J. Benjamin Executive Vice President and Chief Commercial Officer | Adoption | 11/28/24 | 3/07/25 | 10/31/25 | Eight | X |  | 17,478 |
Kevin R. McDearis Executive Vice President and Chief Technology Officer | Adoption | 11/30/24 | 3/17/25 | 10/31/25 | Eight | X |  | 31,557 |
(1)An SEC "Rule 10b5-1(c) trading arrangement" is a trading arrangement made by a person through entering into a binding contract, verbal instruction or adoption of a written plan prior to becoming aware of material non-public information. The contract, instruction or written plan must specify the amount, price and date of securities to be sold; include the means for determining the amount, price and date of the sale or sales; and not permit the person to have subsequent influence over the sale or sales. The compliant plan must be entered into and operated in good faith, include a specified cooling off period, be certified by an authorized officer and is restricted from having multiple or overlapping plans. A non-compliant trading arrangement, or a "non-Rule 10b5-1 trading arrangement," is a trading arrangement that has similar requirements to a Rule 10b5-1(c) trading arrangement except that it must be in written form and does not require a cooling off period or certification of an authorized officer and there is no restriction from having multiple or overlapping plans. (2)Represents the target quantity of Performance Share Awards which may be subject to a performance multiplier; therefore, the aggregate number of shares to be sold may be equal to, greater than or less than the target quantity. None of our officers or directors adopted or terminated a non-Rule 10b5-1 trading arrangement during the three months ended December 31, 2024.
Non-Rule 10b5-1 Arrangement Adopted | false
Non-Rule 10b5-1 Arrangement Terminated | false
David J. Benjamin [Member] |
Trading Arrangements, by Individual |
Name | David J. Benjamin
Title | Executive Vice President and Chief Commercial Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 11/28/24
Arrangement Duration | 7 months 24 days
Aggregate Available | 17,478
Kevin R. McDearis [Member] |
Trading Arrangements, by Individual |
Name | Kevin R. McDearis
Title | Executive Vice President and Chief Technology Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | 11/30/24
Arrangement Duration | 7 months 14 days
Aggregate Available | 31,557

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