Insider Trading Arrangements |
3 Months Ended |
|---|---|
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Jun. 30, 2025
shares
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| Trading Arrangements, by Individual | |
| Material Terms of Trading Arrangement | During our last fiscal quarter, the following directors and officers, as defined in Rule 16a-1(f), adopted a “Rule 10b5-1 trading arrangement” as defined in Regulation S-K Item 408, as follows: On May 29, 2025, MMMK Development, Inc., or MMMK Development, an entity controlled by our co-founders and co-chief executive officers, Mike Karanikolas and Michael Mente, adopted a Rule 10b5-1 trading arrangement providing for the sale from time to time of an aggregate of up to 3,750,125 shares of our Class A common stock. The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The of the trading arrangement is until May 29, 2026, or earlier if all transactions under the trading arrangement are completed. During our last fiscal quarter, no other director or officer, as defined in Rule 16a-1(f), adopted or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” each as defined in Regulation S-K Item 408. |
| 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 |
| Mike Karanikolas and Michael Mente [Member] | |
| Trading Arrangements, by Individual | |
| Name | Mike Karanikolas and Michael Mente |
| Title | co-founders and co-chief executive officers |
| Rule 10b5-1 Arrangement Adopted | true |
| Adoption Date | May 29, 2025 |
| Expiration Date | May 29, 2026 |
| Arrangement Duration | 366 days |
| Aggregate Available | 3,750,125 |