v3.26.1
Insider Trading Arrangements
6 Months Ended
Jun. 30, 2026
Trading Arrangements, by Individual [Table]  
Material Terms of Trading Arrangement [Text Block]

Item 5. Other Information

 

Securities Trading Plans

 

During the six months ended June 30, 2026, none of our Section 16 officers or directors (as defined in Rule 16a-1(f) of the Exchange Act) adopted or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the Exchange Act or any “non-Rule 10b5-1 trading arrangement” (as defined in Section 408(c) of Regulation S-K).

 

Subsequent Events

 

 

On July 31, 2026, the Company granted an aggregate of 274,000 restricted stock units ("RSUs") to certain employees and consultants under the Company's 2022 Equity Incentive Plan. The grant-date fair value of the RSUs was determined based on the closing price of the Company's common stock on July 31, 2026. The RSU's vest immediately on the grant date. 

 

 

 

 

On July 31, 2026, the Company granted an aggregate of 492,050 non-qualified stock options to certain employees, including an officer of the Company, under the Company's 2022 Equity Incentive Plan. The options have an exercise price equal to the closing price of the Company's common stock on the grant date, July 31, 2026. The options are subject to the terms of the applicable award agreements, with vesting schedules ranging from immediate vesting to quarterly vesting through June 30, 2029.  

 

 

 

 

Rule 10b5-1 Arrangement Adopted [Flag] false
Non-Rule 10b5-1 Arrangement Adopted [Flag] false
Rule 10b5-1 Arrangement Terminated [Flag] false
Non-Rule 10b5-1 Arrangement Terminated [Flag] false