7 unchanged sentences
Holders of Record
−Removed: As of February 22, 2021, there were approximately 60,000 stockholders of record.
+Added: As of February 14, 2022, we had approximately 104,745 shareholders of record.
+Added: This does not include persons whose stock is in nominee or “street name” accounts through brokers.
+Added: On August 4, 2021, the Company’s Board of Directors declared and subsequently paid its first cash dividend.
+Added: During 2021, the Company’s Board of Directors declared the following dividends on its common stock:
+Added: Declaration Date
+Added: August 4, 2021
+Added: August 16, 2021
+Added: August 30, 2021
+Added: October 26, 2021
+Added: November 29, 2021
+Added: November 15, 2021
The Company has not paid cash dividends on its common stock in previous periods, including during the year ended December 31, 2020.
1 unchanged sentence
Under Delaware law, we can only pay dividends either out of surplus or out of the current or the immediately preceding year’s earnings.
−Removed: Therefore, no assurance is given that we will pay any dividends to our common stockholders, or as to the amount of any such dividends.
+Added: Therefore, no assurance is given that we will pay any future dividends to our common stockholders, or as to the amount of any such dividends.
Common Stock Split
3 unchanged sentences
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: We may repurchase shares of our common stock from time to time at prevailing market prices, depending on market conditions, through open market or privately negotiated transactions.
+Added: We may repurchase shares of our common stock from time to time at prevailing market prices, depending on market conditions, through open market, privately negotiated transactions, or through a 10b5-1 plan.
No date has been established for the completion of the share repurchase program, and we are not obligated to repurchase any shares.
1 unchanged sentence
Repurchases under the program can be discontinued at any time management feels additional repurchases are not warranted.
+Added: Any shares repurchased under the program are returned to the status of authorized but unissued shares of common stock until retired.
Refer to Note 10 – Stockholders’ Equity to the consolidated financial statements herein for more details regarding our stock repurchase program.
16 unchanged sentences
The stock repurchase program is more fully disclosed in Note 10 – Stockholders’ Equity to the consolidated financial statements.
−Removed: Repurchased shares were not impacted by the Stock Split;
−Removed: therefore, the number of shares and average price paid per share are reported on a pre-Stock Split basis.
+Added: Repurchased shares were impacted by the Stock Split;
+Added: therefore, the number of shares and average price paid per share are reported on a post-Stock Split basis.
Company Stock Performance
The following stock performance table is not deemed “soliciting material” or subject to Section 18 of the Securities Exchange Act of 1934.
−Removed: The following graph compares the performance of our common stock to the Standard & Poor’s (“S&P”) 500 Index, the S&P MidCap 400 Index, the S&P Homebuilders Select Industry Index, and the S&P Internet Select Industry Index by assuming $100 was invested in each investment option as of February 28, 2018, which represents the month our common stock began trading on the NASDAQ.
+Added: The following graph compares the performance of our common stock to the Standard & Poor’s (“S&P”) 500 Index, the S&P Homebuilders Select Industry Index, and the S&P Internet Select Industry Index by assuming $100 was invested in each investment option as of February 28, 2018, which represents the month our common stock began trading on the NASDAQ.
The S&P 500 Index is a capitalization-weighted index of domestic equities of the largest companies traded on the NYSE and NASDAQ.
−Removed: The S&P MidCap 400 Index measures the performance of the U.S.
−Removed: middle market capitalization (“midcap”) equities sector.
The S&P Homebuilders Select Industry Index is a diversified group of holdings representing home building, building products, home furnishings and home appliances.
2 unchanged sentences
S&P 500 Index
−Removed: Mid Cap 400 Index
S&P Homebuilders Index (XHB)
S&P Internet Index (XWEB)
−Removed: SELECTED FINANCIAL DATA
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.