v3.26.1
Insider Trading Arrangements
3 Months Ended
May 31, 2026
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
During the second quarter ended May 31, 2026, none of our directors or officers (as defined in Rule 16a-1(f) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as those terms are defined in Item 408 of Regulation S-K, except as described in the table below:
Name and TitleActionApplicable DateDuration of Trading ArrangementsRule 10b5-1 Trading Arrangement?
 (Y/N)*
Aggregate Number of Securities Subject to Trading Arrangement
Harmit Singh
Chief Financial and Growth Officer
Adopt
April 23, 2026April 23, 2026 - October 23, 2026Y
See footnote(1)
Karyn Hillman
Chief Product Officer
AdoptMay 14, 2026May 14, 2026 - April 30, 2027Y
See footnote(2)
_____________
* Denotes whether the trading plan is intended, when adopted, to satisfy the affirmative defense of Rule 10b5-1(c).
(1) Trading arrangement provides for the sale of 50,000 shares of Class A common stock owned by Mr. Singh and shares of Class A common stock that will be received by Mr. Singh in connection with the exercise of 424,916 stock appreciation rights (“SARs”). The actual number of shares of our Class A common stock that will be received by Mr. Singh in connection with the exercise of the SARs and sold pursuant to the trading arrangement is not yet determinable as (1) it will be based on the difference between the share price of our Class A common stock and the SAR exercise price on the date of exercise and (2) it will be further reduced by shares withheld by the Company to cover the cost of taxes due upon exercise. The trading arrangement is in accordance with our securities trading policy. Actual sale transactions will be disclosed publicly in filings with the SEC in accordance with applicable securities laws, rules and regulations.
(2) Trading arrangement provides for the sale of shares to be received by Ms. Hillman related to 38,599 restricted stock units (“RSUs”) and 34,547 performance-based restricted stock units (“PRSUs”) scheduled to vest in January 2027. The trading arrangement also provides for the sale of shares of Class A common stock that will be received by Ms. Hillman in connection with the exercise of 206,330 SARs. The actual number of shares of our Class A common stock that will be received by Ms. Hillman in connection with the vesting of the RSUs. PRSUs and exercise of the SARs and sold pursuant to the trading arrangement is not yet determinable as (1) the number of shares resulting from the exercise of the SARs will be based on the difference between the share price of our Class A common stock and the SAR exercise price on the date of exercise, (2) the number of shares resulting from the vesting of the PRSUs will be based on the Company’s performance against pre-established performance metrics and (3) the number of shares delivered upon vesting of the RSUs and PRSUs and exercise of the SARs will be further reduced by shares withheld by the Company to cover the cost of taxes due upon vesting or exercise, as applicable. The trading arrangement is in accordance with our securities trading policy. Actual sale transactions will be disclosed publicly in filings with the SEC in accordance with applicable securities laws, rules and regulations.
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
Harmit Singh [Member]  
Trading Arrangements, by Individual  
Name Harmit Singh
Title Chief Financial and Growth Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date April 23, 2026
Expiration Date 10/23/2026
Arrangement Duration 183 days
Aggregate Available
Karyn Hillman [Member]  
Trading Arrangements, by Individual  
Name Karyn Hillman
Title Chief Product Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date May 14, 2026
Expiration Date 4/30/2027
Arrangement Duration 351 days
Aggregate Available
Harmit Singh Trading Arrangement, Common Stock Class A [Member] | Harmit Singh [Member]  
Trading Arrangements, by Individual  
Aggregate Available 50,000
Harmit Singh Trading Arrangement, Stock Appreciation Rights [Member] | Harmit Singh [Member]  
Trading Arrangements, by Individual  
Aggregate Available 424,916
Karen Hillman Trading Arrangement, Restricted Stock Units [Member] | Karyn Hillman [Member]  
Trading Arrangements, by Individual  
Aggregate Available 38,599
Karen Hillman Trading Arrangement, Performance-Based Restricted Stock Units [Member] | Karyn Hillman [Member]  
Trading Arrangements, by Individual  
Aggregate Available 34,547
Karen Hillman Trading Arrangement, Stock Appreciation Rights [Member] | Karyn Hillman [Member]  
Trading Arrangements, by Individual  
Aggregate Available 206,330