Insider Trading Arrangements |
3 Months Ended | ||||||||||||||||||||
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Jun. 30, 2026
shares
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| Trading Arrangements, by Individual | |||||||||||||||||||||
| Material Terms of Trading Arrangement | During the three months ended June 30, 2026, one of our independent directors, Gerardo I. Lopez, entered into a Rule 10b5-1 Trading Plan (the Lopez Trading Plan) to purchase shares of the company’s Class A common stock. Additionally, during the three months ended June 30, 2026, our Chief Legal & Administrative Officer, Chad J. Doellinger, entered into a Rule 10b5-1 Trading Plan (the Doellinger Trading Plan) to sell shares of the company’s Class A common stock. The table below provides certain information regarding the Trading Plans.
_______________________________ (1)The Doellinger Trading Plan covers the sale of (i) 228 shares of the company’s Class A common stock and (ii) up to 5,304 shares of the company’s Class A common stock in connection with the vesting of certain stock unit grants in 2027. The actual number of shares to be sold under this arrangement will be determined based on the number of shares withheld to satisfy tax withholding obligations upon the vesting of such awards and, in some cases, the achievement of certain performance-based vesting conditions and is not yet determinable. We refer to the Lopez Trading Plan and the Doellinger Trading Plan collectively as the Trading Plans. The Trading Plans are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). Trading under the Trading Plan may commence no sooner than as indicated in the table above and will end on the earlier of the applicable date set forth above and the date on which all shares in the Trading Plan are purchased. The Trading Plans were adopted during an authorized trading period and when Mr. Lopez and Mr. Doellinger were not in possession of material non-public information. The transactions under the Trading Plans will be disclosed publicly through Form 144 (if applicable) and Form 4 filings with the SEC.
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| Gerardo I. Lopez [Member] | |||||||||||||||||||||
| Trading Arrangements, by Individual | |||||||||||||||||||||
| Name | Gerardo I. Lopez | ||||||||||||||||||||
| Title | independent directors | ||||||||||||||||||||
| Rule 10b5-1 Arrangement Adopted | true | ||||||||||||||||||||
| Adoption Date | April 24, 2026 | ||||||||||||||||||||
| Expiration Date | August 12, 2027 | ||||||||||||||||||||
| Arrangement Duration | 475 days | ||||||||||||||||||||
| Aggregate Available | 500 | ||||||||||||||||||||
| Chad J. Doellinger [Member] | |||||||||||||||||||||
| Trading Arrangements, by Individual | |||||||||||||||||||||
| Name | Chad J. Doellinger | ||||||||||||||||||||
| Title | Chief Legal & Administrative Officer | ||||||||||||||||||||
| Rule 10b5-1 Arrangement Adopted | true | ||||||||||||||||||||
| Adoption Date | April 24, 2026 | ||||||||||||||||||||
| Expiration Date | May 14, 2027 | ||||||||||||||||||||
| Arrangement Duration | 385 days | ||||||||||||||||||||
| Chad J. Doellinger, Rule Trading Arrangement, Common Stock [Member] | Chad J. Doellinger [Member] | |||||||||||||||||||||
| Trading Arrangements, by Individual | |||||||||||||||||||||
| Aggregate Available | 228 | ||||||||||||||||||||
| Chad J. Doellinger, Rule Trading Arrangement, Common Stock Vesting [Member] | Chad J. Doellinger [Member] | |||||||||||||||||||||
| Trading Arrangements, by Individual | |||||||||||||||||||||
| Aggregate Available | 5,304 |