Insider Trading Arrangements |
3 Months Ended |
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Mar. 31, 2025
shares
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Trading Arrangements, by Individual | |
Material Terms of Trading Arrangement | On August 21, 2024, Eduardo Vivas, a member of our board of directors, Vivas Family Trust U/A/D 10/26/2020, Arutyunyan Family Trust U/A/D 12/1/20 and La Familia V terminated a Rule 10b5-1 trading plan, which was previously adopted on March 14, 2024 and intended to satisfy the affirmative defense in Rule 10b5-1(c). The terminated trading plan provided for the potential sale of up to an aggregate of (i) 1,875,000 shares of our Class A common stock held by Mr. Vivas personally, (ii) 31,875 shares of our Class A common stock held by Vivas Family Trust U/A/D 10/26/2020, (iii) 27,188 shares of our Class A common stock held by Arutyunyan Family Trust U/A/D 12/1/20, and (iv) 5,625 shares of our Class A common stock held by La Familia V. The plan was scheduled to be effective until June 13, 2025, or earlier if all transactions under the trading plan were completed. The termination took place during the fiscal quarter ending September 30, 2024, but was inadvertently not reported in the Company’s Quarterly Report on Form 10-Q for that period. |
Non-Rule 10b5-1 Arrangement Adopted | false |
Non-Rule 10b5-1 Arrangement Terminated | false |
Eduardo Vivas [Member] | |
Trading Arrangements, by Individual | |
Material Terms of Trading Arrangement | Net income per share attributable to Class A and Class B common stockholders: |
Name | Eduardo Vivas |
Rule 10b5-1 Arrangement Terminated | true |
Termination Date | August 21, 2024 |
Matt Stumpf [Member] | |
Trading Arrangements, by Individual | |
Material Terms of Trading Arrangement | On February 28, 2025, Matt Stumpf, our Chief Financial Officer, terminated a Rule 10b5-1 trading plan, which was previously adopted on December 6, 2024 and intended to satisfy the affirmative defense in Rule 10b5-1(c). The terminated trading plan provided for the potential sale of up to 56,058 shares of our Class A common stock issuable upon vesting and settlement of RSUs granted to Mr. Stumpf, net of shares withheld for taxes and was scheduled to be effective until November 25, 2025, or earlier if all transactions under the trading plan were completed. On March 7, 2025, Mr. Stumpf, adopted a Rule 10b5-1 trading plan and intended to satisfy the affirmative defense in Rule 10b5-1(c). The trading plan provides for the potential sale of up to an aggregate of 4,850 shares of our Class A common stock held by Mr. Stumpf and up to 42,044 additional shares of our Class A common stock issuable upon vesting and settlement of RSUs granted to Mr. Stumpf, net of shares withheld for taxes and is scheduled to be effective until December 10, 2025, or earlier if all transactions under the trading plan were completed.
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Name | Matt Stumpf |
Title | Chief Financial Officer |
Rule 10b5-1 Arrangement Adopted | true |
Adoption Date | March 7, 2025 |
Rule 10b5-1 Arrangement Terminated | true |
Termination Date | February 28, 2025 |
Arrangement Duration | 278 days |
Aggregate Available | 56,058 |
Victoria Valenzuela [Member] | |
Trading Arrangements, by Individual | |
Material Terms of Trading Arrangement | On March 3, 2025, Victoria Valenzuela, our Chief Legal Officer, terminated a Rule 10b5-1 trading plan, which was previously adopted on December 6, 2024 and intended to satisfy the affirmative defense in Rule 10b5-1(c). The terminated trading plan provided for the potential sale of up to an aggregate of 40,000 shares of our Class A common stock held by Ms. Valenzuela and up to 57,207 additional shares of our Class A common stock issuable upon vesting and settlement of RSUs granted to Ms. Valenzuela, net of shares withheld for taxes and was scheduled to be effective until December 05, 2025, or earlier if all transactions under the trading plan were completed.
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Name | Victoria Valenzuela |
Title | Chief Legal Officer |
Rule 10b5-1 Arrangement Terminated | true |
Termination Date | March 3, 2025 |
Sale Of Common Stock Held By Mr. Stumpf [Member] | Matt Stumpf [Member] | |
Trading Arrangements, by Individual | |
Aggregate Available | 4,850 |
Additional Shares Of Class A Common Stock Issuable Upon Vesting And Settlement Of RSUs [Member] | Matt Stumpf [Member] | |
Trading Arrangements, by Individual | |
Aggregate Available | 42,044 |
Additional Shares Of Class A Common Stock Issuable Upon Vesting And Settlement Of RSUs [Member] | Victoria Valenzuela [Member] | |
Trading Arrangements, by Individual | |
Aggregate Available | 57,207 |
Sale Of Class A Common Stock, Held By Ms. Valenzuela [Member] | Victoria Valenzuela [Member] | |
Trading Arrangements, by Individual | |
Aggregate Available | 40,000 |
Sale Of Common Stock, Held By Mr. Vivas [Member] | Eduardo Vivas [Member] | |
Trading Arrangements, by Individual | |
Aggregate Available | 1,875,000 |
Shares Of Common Stock, Held In Vivas Family Trust [Member] | Eduardo Vivas [Member] | |
Trading Arrangements, by Individual | |
Aggregate Available | 31,875 |
Shares Of Common Stock, Held In Arutyunyan Family Trust [Member] | Eduardo Vivas [Member] | |
Trading Arrangements, by Individual | |
Aggregate Available | 27,188 |
Shares Of Common Stock, Held By La Familia V [Member] | Eduardo Vivas [Member] | |
Trading Arrangements, by Individual | |
Aggregate Available | 5,625 |