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 March 31, 2026, 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 March 31, 2026:
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
January 1, 2026 through January 31, 2026
32,986
$14.99
32,986
312,527
February 1, 2026 through February 28, 2026
11,994
$15.11
11,994
300,533
March 1, 2026 through March 31, 2026
14,711
$14.81
14,711
285,822
Total
59,691
N/A
59,691
285,822
(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.