Insider Trading Arrangements |
3 Months Ended | 12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2024
shares
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Dec. 31, 2024
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Trading Arrangements, by Individual | |||||||||||||||||||||||||||||||||||||||||||||||
Material Terms of Trading Arrangement |
Director and Officer Trading Arrangements
A portion of the compensation of our directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) is in the form of equity awards and, from time to time, directors and officers engage in open-market transactions with respect to the securities acquired pursuant to such equity awards or other shares of Class A common stock held by such individuals, including to satisfy
tax withholding obligations when equity awards vest or are exercised, and for diversification or other personal reasons. Transactions in our securities by directors and officers are required to be made in accordance with our insider trading policy, which requires that the transactions be in accordance with applicable U.S. federal securities laws that prohibit trading while in possession of material nonpublic information. Rule 10b5-1 under the Exchange Act provides an affirmative defense that enables directors and officers to prearrange transactions in a company’s securities in a manner that avoids concerns about initiating transactions while in possession of material nonpublic information.
The following table describes contracts, instructions or written plans for the sale or purchase of our Class A common stock adopted by our directors and officers during the quarter ended December 31, 2024, that are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) (a “Rule 10b5-1 trading arrangement”):
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Non-Rule 10b5-1 Arrangement Adopted | false | ||||||||||||||||||||||||||||||||||||||||||||||
Rule 10b5-1 Arrangement Terminated | false | ||||||||||||||||||||||||||||||||||||||||||||||
Non-Rule 10b5-1 Arrangement Terminated | false | ||||||||||||||||||||||||||||||||||||||||||||||
Jennifer Miller [Member] | |||||||||||||||||||||||||||||||||||||||||||||||
Trading Arrangements, by Individual | |||||||||||||||||||||||||||||||||||||||||||||||
Name | Jennifer Miller | ||||||||||||||||||||||||||||||||||||||||||||||
Title | Director | ||||||||||||||||||||||||||||||||||||||||||||||
Rule 10b5-1 Arrangement Adopted | true | ||||||||||||||||||||||||||||||||||||||||||||||
Adoption Date | December 6, 2024 | ||||||||||||||||||||||||||||||||||||||||||||||
Expiration Date | May 25, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||
Arrangement Duration | 535 days | ||||||||||||||||||||||||||||||||||||||||||||||
Aggregate Available | 10,000 | 10,000 |
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- Details
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