v3.25.1
Stockholders Equity
3 Months Ended
Mar. 29, 2025
Stockholders Equity  
Stockholders' Equity

(10)Stockholders’ Equity

“At-The-Market” (ATM) Equity Offering Program. Our ATM offering equity program is no longer in effect. As a matter of due course, we may file a new universal shelf registration statement and renew our ATM equity offering program in the future depending on market conditions and our capital needs. We did not sell any shares of common stock under the ATM equity offering program during the first quarter of 2025 or the first quarter of 2024.

Future sales of shares, if any, under the ATM equity offering program will be made by means of transactions that are deemed to be “at-the-market” offerings as defined in Rule 415 under the Securities Act of 1933, as amended, including block trades and sales made in ordinary brokers’ transactions on the New York Stock Exchange or otherwise at market prices prevailing at the time of the sale, at prices related to prevailing market prices or at negotiated prices. The timing and amount of any sales will be determined by a variety of factors considered by us.

We intend to use the net proceeds from any future sales of our common stock under the ATM offering for general corporate purposes, which could include, among other things, repayment, refinancing, redemption or repurchase of long-term debt or possible acquisitions.

Omnibus Incentive Compensation Plan. As of March 29, 2025, 4,259,335 shares of common stock remained available for grant under the Omnibus Plan. See Note 16, “Share-Based Payments.”