Insider Trading Arrangements |
3 Months Ended |
|---|---|
|
Jun. 30, 2026
shares
| |
| Trading Arrangements, by Individual | |
| Non-Rule 10b5-1 Arrangement Adopted | false |
| Rule 10b5-1 Arrangement Terminated | false |
| Non-Rule 10b5-1 Arrangement Terminated | false |
| Desiree Burke [Member] | |
| Trading Arrangements, by Individual | |
| Material Terms of Trading Arrangement | On June 12, 2026, Desiree Burke, the Company’s Chief Financial Officer and Treasurer, entered into a pre-arranged written stock sale plan in accordance with Rule 10b5-1 under the Exchange Act for the sale of shares of the Company’s common stock (the “Burke Rule 10b5-1 Plan”). The Burke Rule 10b5-1 Plan was entered into during an open trading window in accordance with the Company’s policies regarding transactions in the Company’s securities and is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act. The Burke Rule 10b5-1 Plan provides for the potential sale of shares of the Company’s common stock, including shares received upon the vesting and settlement of restricted stock awards, between January 4, 2027 and December 31, 2027. The Burke Rule 10b5-1 Plan is a later-commencing plan and does not authorize any sales before January 4, 2027, after the scheduled expiration by its terms on December 31, 2026 of Ms. Burke’s previously adopted Rule 10b5-1 trading arrangement. Of the 109,612 shares described below, up to 19,612 shares are also subject to Ms. Burke’s prior trading arrangement and may be sold under that prior arrangement before its expiration upon satisfaction of pre-established market-price conditions; any such sales would reduce the number of shares available for sale under the Burke Rule 10b5-1 Plan. The aggregate number of shares of common stock that may be sold under the Burke Rule 10b5-1 Plan is not yet determinable because the number of shares underlying certain awards depends on the achievement of Company performance metrics and because shares received upon vesting and settlement of restricted stock awards will be reduced by shares withheld or sold to satisfy tax withholding obligations. As such, for purposes of this disclosure, the aggregate number of shares of common stock covered by the Burke Rule 10b5-1 Plan, before giving effect to any shares sold under Ms. Burke's prior trading arrangement and any shares withheld or sold to satisfy tax withholding obligations, is 109,612. The Burke Rule 10b5-1 Plan includes a representation from Ms. Burke to the broker administering the plan that she was not in possession of any material nonpublic information regarding the Company or the securities subject to the Burke Rule 10b5-1 Plan at the time it was entered into. A similar representation was made to the Company in connection with the adoption of the Burke Rule 10b5-1 Plan under the Company’s policies regarding transactions in the Company’s securities. Those representations were made as of the date of adoption of the Burke Rule 10b5-1 Plan, and speak only as of such date. In making those representations, there is no assurance with respect to any material nonpublic information of which Ms. Burke was unaware, or with respect to any material nonpublic information acquired by Ms. Burke or the Company after the date of the representation.
|
| Name | Desiree Burke |
| Title | Chief Financial Officer and Treasurer |
| Rule 10b5-1 Arrangement Adopted | true |
| Adoption Date | June 12, 2026 |
| Desiree Burke Trading Arrangement, Current Arrangement [Member] | Desiree Burke [Member] | |
| Trading Arrangements, by Individual | |
| Aggregate Available | 109,612 |
| Desiree Burke Trading Arrangement, Prior Arrangement [Member] | Desiree Burke [Member] | |
| Trading Arrangements, by Individual | |
| Aggregate Available | 19,612 |