XML 44 R25.htm IDEA: XBRL DOCUMENT v3.24.0.1
Insider Trading Arrangements
3 Months Ended 12 Months Ended
Dec. 31, 2023
shares
Dec. 31, 2023
shares
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
During the Company’s last fiscal quarter, the Company’s directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated the contracts, instructions or written plans for the purchase or sale of the Company’s securities set forth in the table below.

Type of Trading Arrangement
Name and Position
Action
Adoption/ Termination
Date
Rule 10b5-1*
Non-
Rule 10b5-1**
Total Shares of Class A Common Stock to be Sold
Total Shares of Class A Common Stock to be Purchased
Expiration Date
Ronald Kisling, Chief Financial Officer (1)
Adoption
11/20/2023
X
163,938
12/31/2024
Richard Daniels, Director (2)
Adoption
11/17/2023
X
7,766
03/29/2024
Brett Shirk, former Chief Revenue Officer (3)
Termination
12/20/2023
X
12/31/2024
* Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
** “Non-Rule 10b5-1 trading arrangement” as defined in Item 408(c) of Regulation S-K under the Exchange Act.

(1) Ronald Kisling, our Chief Financial Officer, adopted a Rule 10b5-1 Plan on November 20, 2023. Mr. Kisling's plan provides for the potential sale of up to 163,938 shares of the Company’s Class A Common Stock, plus any shares that are granted to him in 2024 relating to the 2023 company-wide Bonus Program; provided, however, because certain of Mr. Kisling’s planned sale amounts are equal to a designated percentage of the net number of shares resulting from RSUs vesting, of which a portion will be surrendered to the Company or sold to cover withholding taxes, depending on how many shares are withheld in these instances, the maximum number of shares to be sold may be less. The plan expires on December 31, 2024, or upon the earlier completion of all authorized transactions under the plan.

(2) Richard Daniels, a member of our board of directors, adopted a Rule 10b5-1 Plan on November 17, 2023. Mr. Daniels' plan provides for the potential sale of up to 7,766 shares of the Company’s Class A Common Stock; provided, however, because certain of Mr. Daniels' planned sale amounts are equal to a designated percentage of the net number of shares resulting from RSUs vesting, of which a portion will be surrendered to the Company or sold to cover withholding taxes, depending on how many shares are withheld in these instances, the maximum number of shares to be sold may be less. The plan expires on March 29, 2024, or upon the earlier completion of all authorized transactions under the plan.

(3) Brett Shirk, our former Chief Revenue Officer, on December 20th, 2023, terminated a Rule 10b5-1 Plan entered into on August 21, 2023 in connection with his departure.
Non-Rule 10b5-1 Arrangement Adopted false  
Non-Rule 10b5-1 Arrangement Terminated false  
Ronald Kisling [Member]    
Trading Arrangements, by Individual    
Name Ronald Kisling  
Title Chief Financial Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date 11/20/2023  
Arrangement Duration 407 days  
Aggregate Available 163,938 163,938
Richard Daniels [Member]    
Trading Arrangements, by Individual    
Name Richard Daniels  
Title Director  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date 11/17/2023  
Arrangement Duration 133 days  
Aggregate Available 7,766 7,766
Brett Shirk [Member]    
Trading Arrangements, by Individual    
Name Brett Shirk  
Title former Chief Revenue Officer  
Rule 10b5-1 Arrangement Terminated true  
Termination Date 12/20/2023  
Arrangement Duration 377 days  
Aggregate Available 0 0