Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: In November 2022, the Company’s Board of Directors authorized management to repurchase up to 1,000,000 shares of the Company’s outstanding common stock, under a program of open market purchases or privately negotiated transactions.
−Removed: This program, which did not have an expiration date, was completed during the three months ended September 30, 2025.
−Removed: In April 2025, the Company’s Board of Directors authorized management to repurchase up to an additional 1,000,000 shares of the Company’s outstanding common stock, under a program of open market purchases or privately negotiated transactions.
+Added: In April 2025, the Company’s Board of Directors authorized management to repurchase up to 1,000,000 shares of the Company’s outstanding common stock, under a program of open market purchases or privately negotiated transactions.
This program does not have an expiration date.
−Removed: The authorization of this program became effective during the three months ended September 30, 2025, upon completion of the repurchase program authorized in November 2022 discussed above.
+Added: The authorization of this program became effective in August 2025, upon completion of the Company’s previously authorized repurchase program.
From time to time, the Company may utilize a pre-arranged trading plan pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934 to repurchase its shares under its repurchase programs.
−Removed: The following table reflects the Company’s repurchase activity during the three months ended September 30, 2025.
+Added: The following table reflects the Company’s repurchase activity during the three months ended March 31, 2026.
Total Number of
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Under the Plan(1)
−Removed: July 1, 2025 – July 30, 2025
−Removed: August 1, 2025 – August 31, 2025
−Removed: September 1, 2025 – September 30, 2025
+Added: January 1, 2026 – January 31, 2026
+Added: February 1, 2026 – February 28, 2026
+Added: March 1, 2026 – March 31, 2026
(1) Amount represents the number of shares available to be repurchased as of the last calendar day of the month shown.
3 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.