Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
The table below shows the monthly repurchases of shares of the Company's common stock in the first quarter of 2026.
(a) (b) (c) (d)
Period Total Number of Shares Purchased (1)
Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)
Approximate Value of Shares that May Yet Be Purchased Under the Plans or Programs (2)
(in thousands)
January 1 - January 31, 2026 716 $ 163.84 — $ 150,000
February 1 - February 28, 2026 40,253 203.95 10,711 147,965
March 1 - March 31, 2026 258,424 185.66 258,353 100,000
Total 299,393
(1) Total number of shares purchased includes shares withheld for settlement of payroll taxes from stock-based compensation awards vested and for retirement eligible employees who retired during the first quarter of 2026.
(2) On October 23, 2025, the Board authorized the Company to repurchase up to $150.0 million of shares of the Company's common stock, effective January 1, 2026 through December 31, 2026. From February 1, 2026 to March 31, 2026, the Company repurchased 269,064 shares of the Company’s common stock in the open market at an average price of $185.83 per share, for a total of $50.0 million. As of May 7, 2026, approximately $100.0 million remained available for share repurchase through December 31, 2026.
Item 3. Defaults Upon Senior Securities .
None.
Item 4. Mine Safety Disclosures.
Not applicable.
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.