Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
During the quarter ended September 30, 2025, the Company did not sell any equity securities that were not registered under the Securities Act of 1933, as amended.
The following table presents information regarding the Company’s stock repurchase activity during the quarter ended September 30, 2025:
Period
Total Number
of Shares
Purchased
Average Price
Paid Per
Share
Total Number of
Shares
Purchased as
Part of Publicly
Announced Plans
or Programs (1)
Maximum
Number of Shares
That May Yet be
Purchased Under
the Plans or
Programs
July 1, 2025 through July 31, 2025
-0-
$0
-0-
-0-
August 1, 2025 through August 31, 2025
3,900
$13.94
3,900
552,047
September 1, 2025 through September 30, 2025
32,823
$13.92
32,823
519,224
Total
36,723
N/A
36,723
519,224
(1) On August 25, 2025, the Company authorized and announced a stock repurchase program for up to 555,947 shares of its common stock, representing approximately 10% of shares then outstanding. The Company intends to conduct the repurchases on the open market, including by means of a trading plan adopted under SEC Rule 10b5-1, subject to market conditions and other factors. There is no guarantee as to the number of shares that the Company may ultimately repurchase. The Company may suspend or discontinue the program at any time.
Item 3. Defaults Upon Senior Securities
Not applicable.
Item 4. Mine Safety Disclosures
Not applicable.
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.