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Insider Trading Arrangements
shares in Thousands
 3 Months Ended
Mar. 31, 2025
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

Adoption, Modification or Termination of Trading Arrangements

A portion of the compensation of our directors and officers is in the form of equity awards, and, from time to time, directors and officers engage in open-market transactions with respect to the securities they acquire pursuant to such equity awards we have issued.

Transactions in our securities by directors and officers are required to be made in accordance with our insider trading policy, which requires that the transactions comply with applicable U.S. federal securities laws that prohibit trading while in possession of material nonpublic information. Rule 10b5-1 under the Exchange Act provides an affirmative defense that enables directors and officers to prearrange transactions in our securities in a manner that avoids concerns about initiating transactions while in possession of material nonpublic information.

The following table describes the contracts, instructions or written plans for the purchase or sale of securities adopted by our directors or officers (as defined in Rule 16a-1(f) under the Exchange Act) during the three months ended March 31, 2025, that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). No other Rule 10b5-1 trading arrangements or “non-Rule 10b5-1 trading

arrangements” (as defined by S-K Item 408(c)) were entered into or terminated by our directors or officers during such period:

 

Name

Title of Director or Officer

Action

Date

Total Shares to be Sold

 

Expiration Date

J. Todd Koning

Executive Vice President and Chief Financial Officer

Modify

1/27/2025

 

89,321

 

12/31/2025

Craig E. Hunsaker

Executive Vice President, People & Culture

Adopt

3/3/2025

 

350,000

 

6/3/2026

Craig E. Hunsaker

Executive Vice President, People & Culture

Terminate

3/3/2025

N/A

 

N/A

Tyson Marshall

General Counsel & Corporate Secretary

Adopt

3/14/2025

 

75,595

 

8/12/2026

Scott Lish

Executive Vice President and Chief Operating Officer

Adopt

3/14/2025

 

112,938

 

6/1/2026
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
J. Todd Koning  
Trading Arrangements, by Individual  
Name J. Todd Koning
Title Executive Vice President and Chief Financial Officer
Expiration Date 12/31/2025
Aggregate Available 89,321
Modify Date 1/27/2025
Rule 10b5-1 Arrangement Modify true
Craig E. Hunsaker  
Trading Arrangements, by Individual  
Name Craig E. Hunsaker
Title Executive Vice President, People & Culture
Rule 10b5-1 Arrangement Adopted true
Adoption Date 3/3/2025
Rule 10b5-1 Arrangement Terminated true
Termination Date 3/3/2025
Expiration Date 6/3/2026
Aggregate Available 350,000
Tyson Marshall  
Trading Arrangements, by Individual  
Name Tyson Marshall
Title General Counsel & Corporate Secretary
Rule 10b5-1 Arrangement Adopted true
Adoption Date 3/14/2025
Expiration Date 8/12/2026
Aggregate Available 75,595
Scott Lish  
Trading Arrangements, by Individual  
Name Scott Lish
Title Executive Vice President and Chief Operating Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date 3/14/2025
Expiration Date 6/1/2026
Aggregate Available 112,938