Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
Recent Sale of Unregistered Securities
There were no sales of unregistered equity securities during the three months ended June 27, 2026.
Use of Proceeds
Not applicable.
49
Table of Contents
Issuer Purchases of Equity Securities
The following table summarizes the share repurchase activity for the three months ended June 27, 2026:
Total
Total Number of Shares
Approximate Dollar Value of
Number of
Average
Purchased as Part of
Shares that May Yet be
Shares Purchased
Price Paid
Publicly Announced
Purchased Under the Program
Period
(1)
Per Share
Programs (1)
(in millions) (1)
March 29, 2026 - April 25, 2026
—
$
—
—
$
—
April 26, 2026 - May 23, 2026
775,241
$
9.68
775,241
$
242.50
May 24, 2026 - June 27, 2026
1,729,855
$
9.23
1,729,855
$
226.53
Total
2,505,096
$
9.37
2,505,096
$
226.53
(1) On April 23, 2026, the Company announced that its Board of Directors authorized the repurchase of up to $250 million of our Class A common stock. The program has no fixed expiration date. As of June 27, 2026, 2,505,096 shares were repurchased under the program. Refer to Note 4 to the Condensed Consolidated Financial Statements included in Part 1, Item 1 of this Quarterly Report on Form 10-Q, for additional information.
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.