Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
−Removed: During the nine month period ended September 30, 2023, the Company repurchased shares of its common stock as indicated in the following table:
+Added: During the three month period ended March 31, 2024, the Company repurchased shares of its common stock as indicated in the following table:
Average Price
11 unchanged sentences
Total - 1st Quarter 9,796 $ 27.67 — $ 100,000
−Removed: 4/1/23 to 4/30/23 47,516 23.70 — 100,000
−Removed: 5/1/23 to 5/31/23 — 17.99 2,515 99,955
−Removed: 6/1/23 to 6/30/23 7,117 31.90 — 99,955
−Removed: Total - 2nd Quarter 54,633 $ 23.72 2,515 $ 99,955
−Removed: 7/1/23 to 7/31/23 4,121 23.46 — 99,955
−Removed: 8/1/23 to 8/31/23 — — — 99,955
−Removed: 9/1/23 to 9/30/23 — — — 99,955
−Removed: Total - 3rd Quarter 4,121 $ 23.46 — $ 99,955
−Removed: 1 Shares purchased from January 1, 2023 through September 30, 2023 represent shares surrendered to the Company to satisfy tax withholding related to the exercise of stock options and the vesting of share-based awards.
+Added: 1 Includes shares that were repurchased to pay for the exercise of stock options or for income taxes owed on vesting shares of restricted stock.
+Added: These shares were not purchased under the Company’s stock repurchase plan to repurchase shares.
On December 15, 2023, the Company’s Board of Directors authorized the renewal of the Company’s share repurchase program, under which the Company may, from time to time, purchase up to $100 million of its shares of outstanding common stock.
2 unchanged sentences
The program does not obligate the Company to purchase any of its shares, and may be terminated or amended by the Board of Directors at any time prior to its expiration date.
−Removed: As of September 30, 2023, 2,515 shares of the Company's common stock had been repurchased under the program.
+Added: No shares of the Company’s common stock were repurchased under the program during the three months ended March 31, 2024.
+Added: T a b l e o f C o n t e n t s
Defaults upon Senior Securities
1 unchanged sentence
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.