1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: During the three months ended September 30, 2024, certain of our employees surrendered Common Shares owned by them to satisfy their statutory minimum U.S.
+Added: During the three months ended March 31, 2025, certain of our employees surrendered common shares owned by them to satisfy their statutory minimum U.S.
federal and state tax obligations associated with the vesting of restricted common shares of beneficial interest issued under the Company’s 2013 Equity Incentive Plan, as amended and restated as of May 11, 2022.
These shares were repurchased by the Company.
−Removed: The following table summarizes all of these repurchases during the three months ended September 30, 2024:
+Added: The following table summarizes all of these repurchases during the three months ended March 31, 2025:
Period Total number
8 unchanged sentences
under the plans or
−Removed: July 1, 2024 to July 31, 2024 3,054 $ 22.29 N/A $ 300,000,000
−Removed: August 1, 2024 to August 31, 2024 — $ — N/A $ 300,000,000
−Removed: September 1, 2024 to September 30, 2024 — $ — N/A $ 300,000,000
+Added: January 1, 2025 to January 31, 2025 — $ — N/A $ 300,000,000
+Added: February 1, 2025 to February 28, 2025 — $ — N/A $ 300,000,000
+Added: March 1, 2025 to March 31, 2025 51,057 $ 23.30 N/A $ 300,000,000
Total 51,057 $ 23.30
(1) Represents amounts outstanding under the Company’s authorized Share Repurchase Program, which was announced in February 2021.
−Removed: In April 2022, the Company’s Board of Trustees increased the size of the program from $150.0 million to $300.0 million and in February 2024, extended the program for an additional year.
+Added: In April 2022, the Company’s Board of Trustees increased the size of the program from $150.0 million to $300.0 million and in January 2025, extended the program for an additional year.
The program may be suspended or terminated at any time by the Company and will terminate on February 28, 2026, if not terminated or extended prior to that date.
4 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.