17 unchanged sentences
replenished the level of authorized shares in the plans.
−Removed: Currently, 0.7 million shares remain registered with the SEC and available for
−Removed: issuance to participants under the Investment Plan.
−Removed: The Company raised approximately $12.1 million through the issuance of shares under
−Removed: the Investment Plan during 2023.
−Removed: On March 1, 2023, the Company began offering shares
−Removed: of its common stock for purchase at a 3% discount to participants in the Investment Plan.
−Removed: The discount offering ended December 1, 2023.
−Removed: The discount applied to all common stock purchases made under the Investment Plan during that time period, whether by optional cash
−Removed: payment or by dividend reinvestment.
The Company maintains a long-term incentive compensation
4 unchanged sentences
The maximum number of shares authorized
−Removed: for award under this plan is 0.3 million shares, of which approximately 75% remain available for future issuance.
+Added: for award under this plan is 0.3 million shares, of which approximately 70% remain available for future issuance as of December 31, 2024.
The Company maintains a stock plan for its independent
3 unchanged sentences
The maximum number of shares authorized for grant under this plan is
−Removed: Approximately 42% of the authorized shares remain available for future issuance.
+Added: Approximately 34% of the authorized shares remain available for future issuance as of December 31, 2024.
+Added: The conversion feature of the Company’s
+Added: no par $7.00 Series Cumulative and Convertible Preferred Stock allows each security holder to convert one convertible preferred share
+Added: for twelve shares of the Company's common stock.
+Added: In 2024, 4,275 shares of the Company’s no par $7.00 Series Cumulative and Convertible
+Added: Preferred Stock were converted into 51,300 shares (approximately $0.4 million) of the Company’s common stock.
Set forth below is a graph comparing the yearly
10 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.