Item 2. Unregistered Sales of Equity Securities
ITEM 2 . Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities
(a) There have been no unregistered sales of equity securities during the period covered by the report.
(b) None.
(c) The table below summarizes the Company’s repurchased shares of its common stock during the three months ended June 30, 2026:
Value of Shares
Maximum Number of
Purchased as Part of
Shares That May Yet Be
Total Number of Shares
Average Price
Publicly Announced
Purchased Under the
Period
Purchased
Paid Per Share
Plans or Programs
Plans or Programs (1)
Beginning
680,752
April 2026
—
$
—
$
—
680,752
May 2026
—
$
—
$
—
680,752
June 2026
498
(2)
$
7.48
$
—
680,752
Total
498
$
7.48
$
—
(1) On July 6, 2022, the Company’s Board of Directors authorized a share repurchase program (the “Program”), pursuant to which the Company may, from time to time, purchase shares of its common stock for an aggregate repurchase amount not to exceed 1,000,000 shares, which was approximately 6.0% of its outstanding common stock as of the date of the announcement. The Program does not obligate the Company to purchase any number of shares, and there is no guarantee as to the exact number of shares to be repurchased by the Company.
(2) Tax settlement on vested Restricted Stock Awards. Repurchases do not affect the maximum number of shares that may yet be purchased under the Program.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.