Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: The following table illustrates the activities of equity security repurchases during the three months ended at September 30, 2025.
−Removed: Total Number of Shares Purchased (a)(c) Average Price Paid per Share(b) Total Number of Shares Purchased As Part of Publicly Announced Plans or Programs (a) Approximate Dollar Value of Shares That May Yet be Purchased Under the Plans or Programs (a)
+Added: The following table illustrates the activities of equity security repurchases during the three months ended at March 31, 2026.
+Added: Total Number of Shares Purchased (a) Average Price Paid per Share(b) Total Number of Shares Purchased As Part of Publicly Announced Plans or Programs (a) Approximate Dollar Value of Shares That May Yet be Purchased Under the Plans or Programs (a)
1/1/2026 to 1/31/2026 — $ — — $57.4 Million
8 unchanged sentences
The program may be suspended or discontinued at any time and does not have an expiration date.
−Removed: During the three months ended September 30, 2025, the Company repurchased 1,230,398 shares of its common stock at an average price of $11.09 per share, as part of the stock repurchase program authorized on April 11, 2025.
+Added: During the three months ended March 31, 2026, the Company repurchased 5,814,484 shares of its common stock at an average price of $6.86 per share, as part of the stock repurchase program authorized on April 11, 2025.
The Company’s net share repurchases are subject to a 1% excise tax under the Inflation Reduction Act.
−Removed: This excise tax is included in the cost of shares repurchased, as reflected in the condense consolidated statement of stockholders’ equity.
+Added: This excise tax is included in the cost of shares repurchased, as reflected in the condensed consolidated statement of stockholders’ equity.
The repurchases above do not include the excise tax.
−Removed: Also includes shares purchased by the Company from employees for the payment of taxes resulting from issuance of common stock upon the vesting of RSUs relating to stock-based compensation plans.
−Removed: Employees tendered 5,266 shares in the third quarter of 2025.
Defaults Upon Senior Securities
2 unchanged sentences
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.