12 unchanged sentences
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: The Company did not have a share repurchase program or repurchase any equity securities during the year and three months ended December 31, 2022, respectively.
+Added: The following table sets forth information regarding the purchases of our equity securities made by or on behalf of us or any affiliated purchaser (as defined in Exchange Act Rule 10b-18) during the three months ended December 31, 2023.
+Added: Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (1)
+Added: (in millions)
+Added: October 1, 2023 - October 31, 2023 225,821 $ 26.82 225,821 $ 93.4
+Added: November 1, 2023 - November 30, 2023 242,230 22.83 242,230 87.8
+Added: December 1, 2023 - December 31, 2023 167,742 24.26 167,742 83.8
+Added: Total 635,793 635,793
+Added: (1) On February 1, 2023, the Company announced that the Board approved a share repurchase program under which the Company is authorized to repurchase up to $150.0 million of its Class A and/or Class B common shares over the next three years.
+Added: The program does not obligate the Company to repurchase a minimum number of shares and is intended to help offset the dilutive effect of equity grants to employees over time.
+Added: Under this program, the Company may repurchase shares in privately negotiated and/or open market transactions.
+Added: As of December 31 , 2023 , the Company had $83.8 million remaining available for repurchase.
Equity Compensation Plan Disclosure
1 unchanged sentence
Stock Performance Graph
−Removed: The following performance graph and related information shall not be deemed “soliciting material” or to be “filed” with the SEC, nor shall such information be incorporated by reference into any future filing under the Securities Act of 1933 or Securities Exchange Act of 1934, each as amended, except to the extent that the Company specifically incorporates such information by reference into such filing.
+Added: The following performance graph and related information shall not be deemed “soliciting material” or to be “filed” with the SEC, nor shall such information be incorporated by reference into any future filing under the Securities Act of 1933 or securities Exchange Act of 1934, each as amended, except to the extent the Company specifically incorporates such information by reference into such filing.
The following graph compares the cumulative total shareholder return on our Class B common stock to the cumulative total return of the Standard and Poor’s 500 Stock Index, the Dow Jones Transportation Index, and a customized peer group for the period from December 31, 2018 through December 31, 2023.
1 unchanged sentence
Robinson Worldwide, Landstar System, Inc., Werner Enterprises, Inc., Expeditors International of Washington, Inc., Old Dominion Freight Line, Inc., XPO Logistics, Hub Group, Inc., Kirby Corporation, and Saia.
−Removed: There were no changes to the 2021 peer group used to make 2022 compensation decisions.
+Added: There were no changes to the peer group used to make 2022 or 2023 compensation decisions.
The comparison assumes $100 was invested on December 31, 2018 in our Class B common stock and in each of the foregoing indices and peer group and assumes reinvestment of dividends.
7 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.