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Insider Trading Arrangements
 3 Months Ended 9 Months Ended
Sep. 30, 2025
shares
Sep. 30, 2025
shares
Trading Arrangements, by Individual [Table]    
Material Terms of Trading Arrangement [Text Block]  

ITEM 5.

OTHER INFORMATION

 

 

Rule 10b5-1 Trading Plans

 

Directors and Executive Officers. Our directors and executive officers  may purchase or sell shares of our common stock in the market from time to time, including pursuant to equity trading plans adopted in accordance with Rule 10b5-1 under the Exchange Act (“Rule 10b5-1”) and in compliance with guidelines specified by the Company. In accordance with Rule 10b5-1 and the Company’s insider trading policy, directors, officers and certain employees who, at such time, are not in possession of material non-public information about the Company are permitted to enter into written plans that pre-establish amounts, prices and dates (or formula for determining the amounts, prices and dates) of future purchases or sales of the Company’s common stock, including shares acquired pursuant to the Company’s equity plans (“Rule 10b5-1 Trading Plans”). Under a Rule 10b5-1 Trading Plan, a broker executes trades pursuant to parameters established by the director or executive officer when entering into the plan, without further direction from them. The following table describes contracts, instructions or written plans for the sale or purchase of our securities adopted, terminated or modified by our directors and executive officers during the three months ended  September 30, 2025, each of which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

 

Name and Title

 

Adoption, Termination or Modification

 

Date of Adoption, Termination or Modification

 

Scheduled Expiration Date of Plan

 

Number of Shares to be Purchased under the Plan

Alex P. Schultz (Director)

 

Modification

 

September 10, 2025

 

September 8, 2026

 

247,970

Sven-Olof Lindblad (Director) Adoption  September 18, 2025  December 22, 2026 1,000,000

 
Rule 10b5-1 Arrangement Terminated [Flag] false  
Non-Rule 10b5-1 Arrangement Terminated [Flag] false  
Non-Rule 10b5-1 Arrangement Adopted [Flag] false  
Alex P. Schultz [Member]    
Trading Arrangements, by Individual [Table]    
Trading Arrangement, Securities Aggregate Available Amount 247,970 247,970
Trading Arrangement, Individual Name Alex P. Schultz  
Trading Arrangement, Individual Title Director  
Rule 10b5-1 Arrangement Adopted [Flag] true  
Trading Arrangement Adoption Date September 10, 2025  
Trading Arrangement Expiration Date September 8, 2026  
Sven-Olof Lindblad [Member]    
Trading Arrangements, by Individual [Table]    
Trading Arrangement, Securities Aggregate Available Amount 1,000,000 1,000,000
Trading Arrangement, Individual Name Sven-Olof Lindblad  
Trading Arrangement, Individual Title Director  
Rule 10b5-1 Arrangement Adopted [Flag] true  
Trading Arrangement Adoption Date September 18, 2025  
Trading Arrangement Expiration Date December 22, 2026