8 unchanged sentences
Issuer Purchases of Equity Securities .
−Removed: On December 9, 2024, our Board of Directors authorized a share repurchase program pursuant to which we may purchase outstanding shares of our common stock for an aggregate purchase price of up to $10 million.
+Added: On December 10, 2024, our Board of Directors announced a share repurchase program pursuant to which we may purchase outstanding shares of our common stock for an aggregate purchase price of up to $10 million.
+Added: On March 6, 2026, our Board of Directors authorized an increase in the size of the repurchase program from $10 million to $15 million.
Under the program, at management’s discretion, we may repurchase shares from time to time through various means, including on the open market, in privately negotiated transactions or block transactions, or through an accelerated repurchase agreement.
−Removed: We may elect to make purchases under Rule 10b-18 under the Securities Exchange Act of 1934, as amended, which imposes certain volume limitations, and/or under Rule 10b5-1 under that act, which would permit repurchases to occur during periods when we might otherwise be precluded from making purchases under insider trading laws or KVH policy.
+Added: We may elect to make purchases under Rule 10b-18 under the Securities Exchange Act of 1934, as amended, or the Exchange Act, which imposes certain volume limitations, and/or under Rule 10b5-1 under that act, which would permit repurchases to occur during periods when we might otherwise be precluded from making purchases under insider trading laws or KVH policy.
The volume and timing of any such repurchases will depend on a variety of factors, including the availability of shares, price, market conditions, alternative uses of capital, liquidity, general business conditions, satisfaction of debt covenants, and applicable regulatory requirements.
The program does not obligate us to repurchase any minimum number or dollar amount of shares, and the program may be modified, suspended or terminated at any time without prior notice.
−Removed: During the fourth quarter of 2024, we did not repurchase any shares of common stock, nor did we acquire any shares of common stock, whether through surrender or withholding, to pay any exercise price or satisfy any tax withholding obligations.
+Added: The program’s expiration date has been extended to December 2026 and may be further extended.
+Added: In 2025, we repurchased approximately 327,000 shares of common stock in open market transactions at a cost of approximately $1.7 million.
+Added: Except as noted above, there were no other repurchase programs outstanding.
+Added: Total Number of Shares Purchased Average Price Paid per Share (2)
+Added: Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (3)
+Added: October 1 - October 31 266 $ 5.30 266 $ 13,626,646
+Added: November 1 - November 30 37,853 5.86 37,853 13,403,681
+Added: December 1 - December 31 24,378 5.97 24,378 13,257,502
+Added: Total 62,497 5.90 62,497
+Added: (1) The paragraphs preceding the table provide information about the date the share repurchase program was announced, the dollar amount approved and the anticipated expiration date of the program.
+Added: No other share repurchase program expired, was terminated or was abandoned during the period covered by the table.
+Added: (2) Does not reflect brokerage commissions.
+Added: (3) Gives effect to the increase in the size of the repurchase program authorized by our Board of Directors on March 6, 2026.
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.