v3.25.2
Insider Trading Arrangements
3 Months Ended
Jun. 28, 2025
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

During the quarter ended June 28, 2025, none of the directors or officers of the Company adopted, modified, or terminated any contract, instruction or written plan for the purchase or sale of the Company's securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1 (c) under the Exchange Act or any "non-Rule 10b5-1 trading arrangement", as defined in Item 408 of Regulation S-K, except as follows:

 

On June 11, 2025, the officers of the Company listed in the chart below adopted Rule 10b5-1 trading arrangements intended to provide solely for "eligible sell-to-cover transactions" (as described in Rule 10b5-1(c)(1) under the Exchange Act) to satisfy the applicable tax withholding obligations in connection with the vesting of certain restricted stock unit awards. The number of shares to be sold pursuant to each officer's Rule 10b5-1 trading arrangement is dependent on the applicable tax obligations incurred in connection with the vesting of each officer's restricted stock unit awards and, therefore, is indeterminable at this time, but in no event exceed the aggregate number of shares of our common stock listed below.

 

Name

Title

Adoption Date

Expiration Date

Aggregate # of securities to be sold (2)

 

Jeff Shaner

Chief Executive Officer

June 11, 2025

January 9, 2026 (1)

 

180,000

 

Jeff Shaner

Chief Executive Officer

June 11, 2025

February 28, 2026 (1)

 

978,851

 

Matthew Buckhalter

Chief Financial Officer

June 11, 2025

January 9, 2026 (1)

 

115,000

 

Matthew Buckhalter

Chief Financial Officer

June 11, 2025

February 28, 2026 (1)

 

106,427

 

Deborah Stewart

SVP, Chief Accounting Officer

June 11, 2025

January 9, 2026 (1)

 

75,000

 

Deborah Stewart

SVP, Chief Accounting Officer

June 11, 2025

February 28, 2026 (1)

 

89,788

 

Edwin C. Reisz

Chief Administrative Officer

June 11, 2025

January 9, 2026 (1)

 

125,000

 

Edwin C. Reisz

Chief Administrative Officer

June 11, 2025

February 28, 2026 (1)

 

425,304

 

 

(1)
Each trading arrangement permits transactions through the date of completion of all sales necessary to withhold minimum tax obligations required by applicable law.
(2)
The volume and timing of sales is determined based upon sell-to-cover events occurring upon the vesting of certain outstanding equity awards.

 

Each of the 10b5-1 plans in the above table included a representation from the officer to the Company, in accordance with the Company's securities trading policy, that such individual was not in possession of any material nonpublic information regarding the Company or the securities subject to the plan on the date of adoption.

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
Rule 10b5-1 Arrangement Modified false
Non-Rule 10b5-1 Arrangement Modified false
Rule 10b5-1 Trading Plan One | Jeff Shaner  
Trading Arrangements, by Individual  
Name Jeff Shaner
Title Chief Executive Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date June 11, 2025
Expiration Date January 9, 2026 [1]
Arrangement Duration 213 days
Aggregate Available 180,000 [2]
Rule 10b5-1 Trading Plan One | Matthew Buckhalter  
Trading Arrangements, by Individual  
Name Matthew Buckhalter
Title Chief Financial Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date June 11, 2025
Expiration Date January 9, 2026 [1]
Arrangement Duration 213 days
Aggregate Available 115,000 [2]
Rule 10b5-1 Trading Plan One | Debbie Stewart  
Trading Arrangements, by Individual  
Name Deborah Stewart
Title SVP, Chief Accounting Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date June 11, 2025
Expiration Date January 9, 2026 [1]
Arrangement Duration 213 days
Aggregate Available 75,000 [2]
Rule 10b5-1 Trading Plan One | Edwin C. Reisz  
Trading Arrangements, by Individual  
Name Edwin C. Reisz
Title Chief Administrative Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date June 11, 2025
Expiration Date January 9, 2026 [1]
Arrangement Duration 213 days
Aggregate Available 125,000 [2]
Rule 10b5-1 Trading Plan Two | Jeff Shaner  
Trading Arrangements, by Individual  
Name Jeff Shaner
Title Chief Executive Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date June 11, 2025
Expiration Date February 28, 2026 [1]
Arrangement Duration 263 days
Aggregate Available 978,851 [2]
Rule 10b5-1 Trading Plan Two | Matthew Buckhalter  
Trading Arrangements, by Individual  
Name Matthew Buckhalter
Title Chief Financial Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date June 11, 2025
Expiration Date February 28, 2026 [1]
Arrangement Duration 263 days
Aggregate Available 106,427 [2]
Rule 10b5-1 Trading Plan Two | Debbie Stewart  
Trading Arrangements, by Individual  
Name Deborah Stewart
Title SVP, Chief Accounting Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date June 11, 2025
Expiration Date February 28, 2026 [1]
Arrangement Duration 263 days
Aggregate Available 89,788 [2]
Rule 10b5-1 Trading Plan Two | Edwin C. Reisz  
Trading Arrangements, by Individual  
Name Edwin C. Reisz
Title Chief Administrative Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date June 11, 2025
Expiration Date February 28, 2026 [1]
Arrangement Duration 263 days
Aggregate Available 425,304 [2]
[1] Each trading arrangement permits transactions through the date of completion of all sales necessary to withhold minimum tax obligations required by applicable law.
[2] The volume and timing of sales is determined based upon sell-to-cover events occurring upon the vesting of certain outstanding equity awards.