Item 2. Unregistered Sales of Equity Securities
Item
2. Unregistered Sales of Equity Securities and Use of Proceeds
Sales
of Unregistered Equity Securities
We
did not sell any equity securities during the period covered in this report that were not registered under the Securities Act of 1933,
as amended.
Issuer
Purchases of Equity Securities (1)
Information
relating to our purchases of our common stock during the three months ended March 31, 2026 is as follows:
Period
Total
Number
of
Shares
Purchased
Average
Price
Paid
Per
Share
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 Share
Repurchase
Program
January 1 through January 31, 2026
—
$ —
—
$ 25,000,000
February 1 through February 28, 2026
—
—
—
25,000,000
March 1 through March 31, 2026
—
—
—
25,000,000
Total
—
—
(1) On
October 29, 2025, our Board of Directors approved an extension of, and an increase in the
amount of shares of our common stock that may be repurchased under, the Share Repurchase
Program until the earlier of (i) October 31, 2026 or (ii) the repurchase of $64.3 million
in aggregate amount of our common stock. The timing and number of shares to be repurchased
will depend on a number of factors, including market conditions and alternative investment
opportunities. The Share Repurchase Program may be suspended, terminated or modified at any
time for any reason and does not obligate us to acquire any specific number of shares of
our common stock. During the three months ended March 31, 2026, we did not repurchase
shares of common stock under the Share Repurchase Program. As of March 31, 2026, the dollar
value of shares that remained available to be purchased under the Share Repurchase Program
was approximately $25.0 million. For more information on the Share Repurchase Program, see
“Note 5—Common Stock” to our Condensed Consolidated Financial Statements
as of March 31, 2026.
Item
3. Defaults Upon Senior Securities
None.
Item
4. Mine Safety Disclosures
Not
applicable.
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