Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: Under the share repurchase plan, we are authorized to repurchase, from time-to-time, shares of our Common Stock through open market purchases, in privately negotiated transactions or in such other manner as permitted by the securities laws and as determined by management at such time and in such amounts as management may decide (the “Share Repurchase Plan”).
+Added: Under the Share Repurchase Plan, we are authorized to repurchase, from time-to-time, shares of our Common Stock through open market purchases, in privately negotiated transactions or in such other manner as permitted by the securities laws and as determined by management at such time and in such amounts as management may decide.
The Share Repurchase Plan does not obligate us to repurchase any specific number of shares and may be modified, suspended or discontinued at any time.
The timing, manner, price and amount of any repurchases are determined by management in its discretion and depend on a variety of factors, including legal requirements, price and economic and market conditions.
−Removed: Below is a summary of Common Stock repurchases for the quarter ended March 31, 2025 .
+Added: Below is a summary of Common Stock repurchases for the quarter ended June 30, 2025 .
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 Plans or Programs (in millions) (1)
−Removed: Beginning balance as of December 31, 2024 21,603,481 $5.90 21,603,481 $ 97.2
−Removed: January 1, 2025 - January 31, 2025 — $— — $ 97.2
−Removed: February 1, 2025 - February 28, 2025 — $— — $ 97.2
−Removed: March 1, 2025 - March 31, 2025 888,454 $9.19 888,454 $ 89.0
−Removed: Ending balance as of March 31, 2025 22,491,935 $6.03 22,491,935 $ 89.0
−Removed: (1) On February 21, 2024, the Board re-established the limit for Common Stock repurchases at $100.0 million.
+Added: April 1, 2025 - April 30, 2025 1,071,885 $ 9.70 1,071,885 $ 78.6
+Added: May 1, 2025 - May 31, 2025 1,443,727 $ 11.90 1,443,727 $ 82.8
+Added: June 1, 2025 - June 30, 2025 370,609 $ 12.28 370,609 $ 78.3
+Added: Total 2,886,221 2,886,221
+Added: (1) On May 7, 2025, the Board re-established the limit for Common Stock repurchases at $100.0 million.
Defaults Upon Senior Securities
3 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.