Item 2. Unregistered Sales of Equity Securities
Item 2.
Unregistered Sales of Equity Securities and Use of Proceeds
O n March 30, 2022, the Board authorized a share repurchase program of up to $50 million of outstanding shares of Class A common stock.
Repurchases under the share repurchase program may be made at a ny time or from time to time, without prior notice, in the open market or in privately negotiated transactions at prevailing market prices, or such other means as
will comply with applicable state and federal securities laws and regulations, including the provisions of the Securities Exchange Act of 1934, including Rule 10b5-1 and, to the extent practicable or advisable, Rule 10b-18 thereunder, and
consistent with the Company’s contractual limitations and other requirements. The Company made no repurchases in the three months ended March 31, 2022. The Company has $50 million remaining under the share repurchase program.
Item 3.
Defaults Upon Senior Securities
None.
Item 4.
Mine Safety Disclosures
Not Applicable.
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