8 unchanged sentences
Announced Plans
−Removed: Purchased (1)
+Added: per Share (2)
or Programs (3)
or Programs (4)
−Removed: July 1, 2025 to July 31, 2025
−Removed: August 1, 2025 to August 31, 2025
−Removed: September 1, 2025 to September 30, 2025
+Added: January 1, 2026 to January 31, 2026
+Added: February 1, 2026 to February 28, 2026
+Added: March 1, 2026 to March 31, 2026
(1) Upon vesting of restricted stock awards and performance-based stock units, certain of our employees surrender a portion of the newly vested shares of common stock to satisfy the tax withholding obligations that arise in connection with their vesting.
−Removed: During the third quarter of 2025, 112,569 awards and units were surrendered, consisting of 95,847 shares of restricted stock and 16,722 of performance-based stock units.
+Added: During the first quarter of 2026, 45,455 restricted stock awards were surrendered, with no performance-based stock units surrendered.
+Added: (2) Represents a weighted ‑ average price of shares surrendered by employees to satisfy tax withholding obligations.
(3) In June 2025, we announced a stock repurchase program for the period beginning June 5, 2025 through December 31, 2027, under which our Board of Directors authorized the repurchase of up to $50 million of our common stock at management’s discretion in the open market, in privately negotiated transactions structured through investment banking institutions, or a combination of the foregoing, (the "2025 Repurchase Program" or the “Repurchase Program”).
−Removed: We used $3.5 million to repurchase 911,092 shares of our common stock under the Repurchase Program during the third quarter of 2025.
−Removed: At September 30, 2025, we had $44.3 million remaining under the Repurchase Program for future repurchases.
+Added: We used $0.8 million to repurchase 400,333 shares of our common stock under the Repurchase Program
+Added: during the first quarter of 2026.
+Added: Repurchases are subject to the terms of the Company’s 2024 Credit Facility, as amended, which limits aggregate share repurchases to $15 million and subjects such repurchases to compliance with specified financial covenants and leverage requirements.
+Added: Based on the foregoing, the Company has $40.2 million remaining authorized for future repurchases.
The amount and timing of repurchases are subject to a variety of factors including liquidity, cash flow, stock price, compliance with our credit facility and general business and market conditions.
−Removed: We may also from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of our shares under this
−Removed: authorization.
+Added: We may also from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of our shares under this authorization.
The Repurchase Program may be modified, increased, suspended, or discontinued at any time.
2 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.