2 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: The following table summarizes the stock repurchase activity for the three months ended October 31, 2025 (in thousands, except share and per share data):
+Added: The following table summarizes the stock repurchase activity for the three months ended April 30, 2026 (in thousands, except share and per share data):
Total Number of Shares Purchased (1)
2 unchanged sentences
Approximate Dollar Value that May Yet Be Purchased Under the Plans or Programs (1)
−Removed: August 1, 2025 to August 31, 2025 — $ — — $ 39,454
−Removed: September 1, 2025 to September 30, 2025 853,025 29.29 853,025 14,465
−Removed: October 1, 2025 to October 31, 2025 570,676 25.35 570,676 —
+Added: February 1, 2026 to February 28, 2026
+Added: — $ — — $ 75,002
+Added: March 1, 2026 to March 31, 2026
+Added: April 1, 2026 to April 30, 2026
+Added: 6,124,046 15.20 6,124,046 65,002
Total 6,124,046 6,124,046
−Removed: (1) In March 2025, our Board of Directors authorized, and on April 1, 2025, the Company publicly announced, a stock repurchase program of up to $100.0 million of our outstanding common stock.
−Removed: As of October 31, 2025, we had no shares remaining authorized for repurchase.
−Removed: (2) The average price per share excludes transaction costs and excise tax associated with the repurchases, if any.
+Added: (1) In December 2025, our Board of Directors authorized, and on December 8, 2025, the Company announced a stock repurchase program of up to $100.0 million of our outstanding common stock.
+Added: In March 2026, our Board of Directors authorized, and on March 31, 2026, the Company entered into an ASR agreement with Wells Fargo Bank, N.A, for $100.0 million of our outstanding common stock.
+Added: Upon payment of the aggregate purchase price of $100.0 million, we received initial delivery of 5,547,850 shares of our common stock at an initial price of $14.98 per share, representing approximately 80% of the aggregate purchase price.
+Added: See Note 8 “Stockholders’ Equity and Stock-Based Compensation” of the notes to our unaudited condensed consolidated financial statements included in Part 1, Item 1 of this Quarterly Report on Form 10-Q for additional information.
+Added: (2) The average price per share excludes transaction costs and excise tax associated with the repurchases.
Defaults Upon Senior Securities
2 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.