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Insider Trading Arrangements | 3 Months Ended
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Sep. 30, 2024 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | Item 5. Other Information. Rule 10b5-1 Trading Plans of Directors and Section 16 Officers On August 14, 2024, David Ludwig, President of Financial Assets division, adopted a written arrangement that is intended to satisfy the affirmative defense conditions of Exchange Act Rule 10b5-1(c) (the "Trading Plan"). The Trading Plan provides for the sale of 137,000 shares of our common stock and will terminate on March 15, 2025, unless terminated earlier in accordance with the Trading Plan's terms. Rule 10b5-1 Trading Plans of the Company In connection with our Repurchase Program, on September 13, 2024, the Company's Board of Directors adopted a written arrangement that is intended to satisfy the affirmative defense conditions of Exchange Act Rule 10b5-1(c) (the "Repurchase Trading Plan"). The Repurchase Trading Plan provides for the Company to repurchase of up to $6.0 million in shares of our common stock and will terminate on March 15, 2025, unless terminated earlier in accordance with the Repurchase Trading Plan's terms. During the three months ended September 30, 2024, 24,180 shares of common stock were repurchased under the Repurchase Trading Plan. Future repurchases may be made as open market transactions, privately negotiated transactions or through a series of forward purchase agreements, option contracts or similar agreements, including the Repurchase Trading Plan as described above. The Company has no obligation to repurchase stock under this program and may suspend or terminate the Repurchase Program at any time.
David Ludwig [Member] |
Trading Arrangements, by Individual |
Name | David Ludwig
Title | President of Financial Assets division
Rule 10b5-1 Arrangement Adopted | true
Non-Rule 10b5-1 Arrangement Adopted | true
Adoption Date | August 14, 2024
Rule 10b5-1 Arrangement Terminated | true
Termination Date | March 15, 2025
Aggregate Available | 137,000
Board of Director [Member] |
Trading Arrangements, by Individual |
Title | Board of Directors
Rule 10b5-1 Arrangement Adopted | true
Non-Rule 10b5-1 Arrangement Adopted | true
Adoption Date | September 13, 2024
Rule 10b5-1 Arrangement Terminated | true
Termination Date | March 15, 2025
Aggregate Available | 24,180

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