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Insider Trading Arrangements | 3 Months Ended
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Sep. 30, 2025 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | During the three months ended September 30, 2025, two of the directors and officers of the Company adopted, modified or terminated the “Rule 10b5-1 trading arrangements” (as such term is defined in Item 408(a) of Regulation S-K) as set forth in the table below.
Name (Title) |  | Action |  | Date of Action |  | Duration of Trading Arrangement |  | Aggregate Number of Securities
Alane P. Barnes, Chief Legal Officer and Secretary |  | Modification |  | August 13, 2025 |  | Until December 20, 2027, or such earlier date upon which all transactions are completed or the plan is terminated |  | (1)
A. Machelle Sanders, Member of the Board of Directors |  | Adoption |  | August 14, 2025 |  | Until December 31, 2025, or such earlier date upon which all transactions are completed or the plan is terminated |  | (2)
(1) This trading plan was originally adopted on December 1, 2022 (the “2022 Barnes Plan”) and provided for the sale of up to (i) 24,710 shares of common stock and (ii) 137,897 shares of common stock underlying stock options through December 29, 2025. The 2022 Barnes Plan was amended on May 15, 2024 to cancel all open orders under the 2022 Barnes Plan and to provide for the sale of up to 119,897 shares of common stock underlying stock options expiring in 2024 and 2025 (the “2024 Barnes Plan”). The 2024 Barnes Plan was amended on August 13, 2025 (the “2025 Barnes Plan”) to cancel all open orders under the 2024 Barnes Plan and to provide for the sale of up to (i) 123,100 shares of common stock underlying restricted stock units, net of shares withheld to cover taxes, (ii) 19,770 shares of common stock, and (iii) 347,501 shares of common stock underlying stock options expiring in 2025 through 2027, pursuant to the terms of the 2025 Barnes Plan. (2) This trading plan (the “Sanders Plan”) provides for the sale of up to 9,600 shares of common stock, pursuant to the terms of the Sanders Plan.
Non-Rule 10b5-1 Arrangement Adopted | false
Rule 10b5-1 Arrangement Terminated | false
Non-Rule 10b5-1 Arrangement Terminated | false
A. Machelle Sanders [Member] |
Trading Arrangements, by Individual |
Name | A. Machelle Sanders
Title | Member of the Board of Directors
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | August 14, 2025
Expiration Date | December 31, 2025
Arrangement Duration | 139 days
Aggregate Available | 9,600

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