Item 2. Unregistered Sales of Equity Securities
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds
(a) None.
(b) None.
(c)
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
Period Total Number of Shares Purchased (1)(2)
Average Price Paid per Share (1)(2)
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 Plans or Programs (3)
January 1 through January 31, 2025 199,461 $ 5.19 — $ 41,306,216
February 1 through February 28, 2025 455,983 5.39 198,281 40,243,858
March 1 through March 31, 2025 838,517 5.09 838,517 35,960,503
Total 1,493,961 $ 5.19 1,036,798
________________
(1) Average price paid per share excludes the impact of excise taxes.
(2) During the three-month period ended March 31, 2025, we acquired 457,163 shares from employees in connection with the settlement of income tax and related benefit withholding obligations arising from vesting of stock awards. These shares were not part of a publicly announced program to purchase common stock.
(3) In October 2024, our Board of Directors authorized $50.0 million for the repurchases of our common stock, par value $0.01 per share, through October 2026. As of March 31, 2025, $14.0 million of share repurchases have been made under this authorization.
ITEM 3. Defaults Upon Senior Securities
None.
ITEM 4. Mine Safety Disclosures
Not applicable.
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