Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities, Use of Proceeds and Issuer Purchases of Equity Securities
(a)
Not applicable.
(b)
Not applicable.
(c)
The following table summarizes common stock repurchases during the three months ended June 30, 2026:
Period
Total Number of Shares Purchased (1)
Average Price Paid per Share
Total Number of Shares Repurchased as Part of Publicly Announced Plans (2)
Maximum Number of Shares that May Yet Be Repurchased Under the Plans
April 1, 2026 - April 30, 2026
—
$
—
—
846,123
May 1, 2026 - May 31, 2026
1,859
—
—
846,123
June 1, 2026 - June 30, 2026
—
—
—
846,123
Total
1,859
$
—
—
(1) Shares repurchased by the Company during the quarter represent shares acquired from restricted stock award participants in connection with the cancellation of restricted stock to pay withholding taxes upon vesting totaling 0 shares, 1,859 shares, and 0 shares, respectively, for the periods indicated.
(2) On April 25, 2024, the Company announced that its Board of Directors had authorized the repurchase of up to an additional 944,279 shares of its common stock, or approximately 10% of its shares of common stock issued and outstanding as of April 24, 2024. As of June 30, 2026, a total of 98,156 shares, or 10.4% percent of the shares authorized in the April 2024 stock repurchase plan, have been purchased at an average cost of $10.23 per share, leaving 846,123 shares available for future purchases. No shares were repurchased pursuant to the Company's April 2024 stock repurchase plan during the periods indicated.
Item 3. Defaults Upon Senior Securities
Not applicable.
Item 4. Mine Safety Disclosures
Not applicable.
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