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Insider Trading Arrangements shares in Thousands | 3 Months Ended
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Dec. 31, 2023 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | Item 5. Othe r Information Rule 10b5-1 Trading Plans During the fiscal quarter ended December 31, 2023, none of the Company’s directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement.” On January 25, 2024, Ramesh Srinivasan, President and Chief Executive Officer of the Company, adopted a Rule 10b5-1 trading plan (the “Plan”) for the sale of up to 300,000 shares of common stock that he expects to acquire upon exercise of Stock-Settled Appreciation Rights. After the applicable cooling-off period under Rule 10b5-1, transactions under the Plan may begin in May 2024. The Plan will terminate on September 30, 2024, unless terminated earlier in accordance with its terms.
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
Ramesh Srinivasan [Member] |
Trading Arrangements, by Individual |
Name | Ramesh Srinivasan
Title | President and Chief Executive Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | January 25, 2024
Rule 10b5-1 Arrangement Terminated | true
Termination Date | September 30, 2024
Arrangement Duration | 250 days
Aggregate Available | 300,000

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