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As of February 4, 2026, there were 35 stockholders of record of our common stock.
+Added: The actual number of stockholders is greater than this number because certain stockholders who are beneficial owners hold our common stock in “street” name with brokers and other nominees.
We have not paid any cash dividends on our common stock since inception and do not anticipate paying cash dividends in the foreseeable future.
+Added: See Part III, Item 12.
+Added: Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters for information about our equity compensation plans which is incorporated by reference herein.
+Added: We did not repurchase any of our equity securities during the three months ended December 31, 2025.
Recent Sales of Unregistered Securities
−Removed: There were no unregistered sales of our equity securities during 2024.
−Removed: Issuer Purchases of Equity Securities
−Removed: In October 2024, our Board of Directors authorized a share repurchase program to repurchase up to $300.0 million of the Company’s common stock.
−Removed: Through the end of the fourth quarter of 2024, we have repurchased shares of the Company’s common stock having a value of $240.5 million under this program.
−Removed: The number of shares and average price paid per share for shares repurchased in each month of the fourth quarter of 2024 are set forth in the table below:
−Removed: Period Total Number of Shares
−Removed: Repurchased Average Price
−Removed: Per Share Total Number of
−Removed: Shares Purchased as
−Removed: Part of Publicly
−Removed: Announced Program (1)
−Removed: Dollar Value of
−Removed: Shares that May Yet
−Removed: Under the Program (1)
−Removed: October 2024 — $ — — $ 300,000,000
−Removed: November 2024 (1)
−Removed: 1,995,510 $ 120.53 1,995,510 $ 59,481,180
−Removed: December 2024 — $ — — $ 59,481,180
−Removed: 1,995,510 $ 120.53 1,995,510
−Removed: _________________________
−Removed: (1) In November 2024, we paid $300.0 million under an accelerated share repurchase (ASR) transaction and received an initial delivery of 2.0 million shares.
−Removed: The ASR transaction terminated in February 2025, at which time we became contractually entitled to receive an additional 0.3 million shares upon settlement.
−Removed: Refer to Note 6 to the consolidated financial statements.
+Added: During the year ended December 31, 2025, we did not issue or sell any unregistered securities not previously disclosed in a Quarterly Report on Form 10-Q or in a Current Report on Form 8-K.
STOCK PERFORMANCE GRAPH AND CUMULATIVE TOTAL RETURN*
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