XML 85 R66.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Insider Trading Arrangements
3 Months Ended
Mar. 31, 2024
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

Rule 10b5-1 Trading Arrangements

On March 12, 2024, John C. Wobensmith, our Chief Executive Officer and President; Peter Allen, our Chief Financial Officer; Joseph Adamo, our Chief Accounting Officer, Treasurer, and Controller; and Jesper Christensen, our Chief Commercial Officer each adopted a Rule 10b5-1 sales plan (a “10b5-1 Plan”). The 10b5-1 Plans are intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act and, as to Messrs. Wobensmith, Allen, and Christensen, superseded prior 10b5-1 Plans adopted by each of them in September 2023. The 10b5-1 Plans provide for the sale of a portion of the number of shares of our common stock that may be issuable in settlement of RSUs and PRSUs previously awarded to these executive officers in order to satisfy such executive officers’ related tax obligations. The maximum number of shares of our common stock that may be sold under the 10b5-1 Plans are 192,934 for Mr. Wobensmith, 54,842 for Mr. Allen, 20,762 for Mr. Adamo, and 78,654 for Mr. Christensen. Each 10b5-1 Plan terminates on the earliest of August 23, 2028, completion of the sale of the foregoing shares of common stock according to the terms of the plan, and the relevant officer’s termination of the plan.

John C. Wobensmith  
Trading Arrangements, by Individual  
Name John C. Wobensmith
Title Chief Executive Officer and President
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 12, 2024
Aggregate Available 192,934
Peter Allen  
Trading Arrangements, by Individual  
Name Peter Allen
Title Chief Financial Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 12, 2024
Aggregate Available 54,842
Joseph Adamo  
Trading Arrangements, by Individual  
Name Joseph Adamo
Title Chief Accounting Officer, Treasurer, and Controller
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 12, 2024
Aggregate Available 20,762
Jesper Christensen  
Trading Arrangements, by Individual  
Name Jesper Christensen
Title Chief Commercial Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 12, 2024
Aggregate Available 78,654