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Insider Trading Arrangements | 3 Months Ended
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Dec. 31, 2024 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | Rule 10b5-1 Trading Plans During the fiscal quarter ended on December 31, 2024, none of our directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted, modified or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as those terms are defined in Item 408(a) of Regulation S-K, except as described in the table below:
Name and Title | Action | Action Date | Duration of Trading Arrangements(1) | Rule 10b5-1 Trading Arrangement? (Y/N)* | Aggregate Number of Securities Subject to Trading Arrangement
Steven Nichtberger Chief Executive Officer | Terminate(2) | October 18, 2024 | July 8, 2024 - July 31, 2025 | Y | Up to 350,000 shares to be sold
Steven Nichtberger Chief Executive Officer | Adopt(2) | October 18, 2024 | February 16, 2025 – July 27, 2026 | Y | Up to 350,000 shares to be sold
Gwendolyn Binder President of Science and Technology | Terminate | November 21, 2024 | February 20, 2024 – February 21, 2025 | Y | Up to 100,756 shares to be sold
Gwendolyn Binder President of Science and Technology | Adopt | December 18, 2024 | March 27, 2025 to December 12, 2025 | Y | Up to 100,756 shares to be sold
* Denotes whether the trading plan is intended, when adopted, to satisfy the affirmative defense of Rule 10b5-1(c). (1) Except as indicated by footnote, each trading arrangement permitted or permits transactions through and including the earlier to occur of (a) the completion of all purchases or sales or (b) the date listed in the table. (2) Represents the modification, as described in Rule 10b5-1(c)(1)(iv) under the Exchange Act, of a written trading arrangement adopted on November 9, 2023 that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
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
Rule 10b5-1 Arrangement Modified | false
Non-Rule 10b5-1 Arrangement Modified | false
Steven Nichtberger [Member] |
Trading Arrangements, by Individual |
Name | Steven Nichtberger
Title | Chief Executive Officer
Rule 10b5-1 Arrangement Terminated | true
Termination Date | October 18, 2024
Arrangement Duration | 388 days
Aggregate Available | 350,000
Steven Nichtberger One [Member] |
Trading Arrangements, by Individual |
Name | Steven Nichtberger
Title | Chief Executive Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | October 18, 2024
Arrangement Duration | 527 days
Aggregate Available | 350,000
Gwendolyn Binder [Member] |
Trading Arrangements, by Individual |
Name | Gwendolyn Binder
Title | President of Science and Technology
Rule 10b5-1 Arrangement Terminated | true
Termination Date | November 21, 2024
Arrangement Duration | 368 days
Aggregate Available | 100,756
Gwendolyn Binder One [Member] |
Trading Arrangements, by Individual |
Name | Gwendolyn Binder
Title | President of Science and Technology
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | December 18, 2024
Arrangement Duration | 180 days
Aggregate Available | 100,756

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