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)
July 1 through July 31, 2025 — $ — — $ 29,262,936
August 1 through August 31, 2025 731,181 5.12 731,181 25,484,896
September 1 through September 30, 2025 70,420 5.51 65,918 25,119,827
Total 801,601 $ 5.15 797,099
________________
(1) Average price paid per share excludes the impact of excise taxes.
(2) During the three-month period ended September 30, 2025, 4,502 shares were acquired from employees in connection with the settlement of income tax or related benefit withholding obligations arising from vesting of stock awards.
(3) In October 2024, our Board of Directors authorized $50.0 million for repurchases of our common stock, par value $0.01 per share, through October 2026. As of September 30, 2025, $24.9 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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