XML 60 R27.htm IDEA: XBRL DOCUMENT v3.25.0.1
Insider Trading Arrangements
3 Months Ended
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
ActionDate of AdoptionPlan
effective
date
Plan
end
date
Plan
duration
(months)
Rule 10b5-1Non-Rule 10b5-1
David J. Benjamin
Executive Vice President and Chief Commercial Officer
Adoption11/28/243/07/2510/31/25EightX17,478
Kevin R. McDearis
Executive Vice President and Chief Technology Officer
Adoption11/30/243/17/2510/31/25EightX31,557
(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