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Insider Trading Arrangements
 3 Months Ended
Mar. 31, 2025
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement During the three months ended March 31, 2025, the following directors or officers of the Company adopted a “Rule 10b5-1 trading arrangement”, as defined in Item 408(a) of Regulation S-K:
Name and Title
Type of Trading Arrangement
Date Adopted
Expiration Date
Duration(1)
Total Shares to be Sold
Daniel Burton, Chief Executive Officer
Rule 10b5-1 Trading Arrangement
3/12/20255/31/2026445 days
Up to 1,502,590(2)
Benjamin Landry, General Counsel
Rule 10b5-1 Trading Arrangement
3/1/20253/31/2026
395 days
Up to 153,967(3)
__________________
(1)The Rule 10b5-1 trading arrangement permits transactions through and including the earlier to occur of (a) completion of all sales or (b) the expiration date listed in the table.
(2)The 10b5-1 trading arrangement provides for the sale of net vested shares from certain performance restricted stock unit (PRSU) awards and certain restricted stock unit (RSU) awards. With respect to the PRSU awards, total shares to be sold reflects a maximum amount without taking into account that such number is subject to the level of achievement of each performance goal contained within such PRSU awards as well as the number of shares that will be surrendered to the Company or automatically sold to satisfy applicable tax withholding obligations upon vesting of the PRSU awards, which will vary based on the market price of our common stock at the time of vesting. With respect to the RSU awards, total shares to be sold reflects a maximum amount that includes shares that will be surrendered to the Company or automatically sold to satisfy applicable tax withholding obligations upon vesting of the RSU awards, which will vary based on the market price of our common stock at the time of vesting.
(3)The 10b5-1 trading arrangement provides for the sale of net vested shares from certain PRSU awards and certain RSU awards as well as the net number of shares resulting from purchases under the Company’s Employee Stock Purchase Plan (ESPP). With respect to the PRSU awards, total shares to be sold reflects a maximum amount without taking into account that such number is subject to the level of achievement of each performance goal contained within such PRSU awards as well as the number of shares that will be surrendered to the Company or automatically sold to satisfy applicable tax withholding obligations upon vesting of the PRSU awards, which will vary based on the market price of our common stock at the time of vesting. With respect to the RSU awards, total shares to be sold reflects a maximum amount that includes shares that will be surrendered to the Company or automatically sold to satisfy applicable tax withholding obligations upon vesting of the RSU awards, which will vary based on the market price of our common stock at the time of vesting. With respect to the ESPP, the total shares to be sold is up to 5,000 shares (i.e., the maximum number of shares that could be acquired under the ESPP for such period), and such number will vary based on the market price of our common stock at the time of the acquisition of shares under the ESPP.
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
Daniel Burton [Member]  
Trading Arrangements, by Individual  
Name Daniel Burton
Title Chief Executive Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date 3/12/2025
Expiration Date 5/31/2026
Arrangement Duration 445 days
Aggregate Available 1,502,590
Benjamin Landry [Member]  
Trading Arrangements, by Individual  
Name Benjamin Landry
Title General Counsel
Rule 10b5-1 Arrangement Adopted true
Adoption Date 3/1/2025
Expiration Date 3/31/2026
Arrangement Duration 395 days
Aggregate Available 153,967