Insider Trading Arrangements shares in Thousands |
3 Months Ended |
|---|---|
|
May 31, 2025
shares
| |
| Trading Arrangements, by Individual | |
| Material Terms of Trading Arrangement | During the fiscal quarter ended May 31, 2025, Mark Chavez, Chief Compliance Officer and General Counsel, adopted a Rule 10b5-1 plan terminating December 31, 2027. Mr. Chavez's Rule 10b5-1 trading arrangement calls for potential sales of a percentage of shares that he could receive upon the future vesting of certain outstanding equity awards, net of any shares withheld by the Company to satisfy applicable taxes. The number of shares to be withheld, and thus the exact maximum number of shares to be sold pursuant to Mr. Chavez’s Rule 10b5-1 trading arrangement, can only be determined upon the occurrence of the future vesting events. For purposes of this disclosure, without subtracting any shares to be withheld upon future vesting events, the maximum aggregate number of shares to be sold pursuant to Mr. Chavez’s Rule 10b5-1 trading arrangement is 435,000. The trading arrangement is intended to satisfy the affirmative defense of Rule 10b5-1(c).
|
| Non-Rule 10b5-1 Arrangement Adopted | false |
| Rule 10b5-1 Arrangement Terminated | false |
| Non-Rule 10b5-1 Arrangement Terminated | false |
| Mark Chavez [Member] | |
| Trading Arrangements, by Individual | |
| Name | Mark Chavez |
| Title | Chief Compliance Officer and General Counsel |
| Rule 10b5-1 Arrangement Adopted | true |
| Adoption Date | May 31, 2025 |
| Arrangement Duration | 944 days |
| Aggregate Available | 435 |