UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: The Company repurchased shares of its common stock in the open market during the six months ended June 30, 2026 as follows:
+Added: The Company repurchased shares of its common stock in the open market during the nine months ended September 30, 2026 as follows:
Total Number of Approximate Dollar Value
5 unchanged sentences
Total first quarter 2026 770,423 $ 96.82 770,423 $ 125,410,091
−Removed: April 2026 1,964 $ 96.13 1,964 $ 125,221,299
−Removed: May 2026 163,105 97.02 163,105 109,397,619
−Removed: June 2026 74,279 99.01 74,279 102,043,593
Total second quarter 2026 239,348 $ 97.63 239,348 $ 102,043,593
+Added: July 2026 181,932 $ 98.81 181,932 $ 84,066,286
+Added: August 2026 355,265 98.58 355,265 49,043,693
+Added: September 2026 514,463 95.24 514,463 43,976
+Added: Total third quarter 2026 1,051,660 $ 96.99 1,051,660 $ 43,976
Total 2026 2,061,431 $ 97.00 2,061,431 $ 43,976
(1) The approximate dollar value of shares that may yet be purchased under the plans or programs and average price paid per share do not include the effect of excise tax expense incurred on net stock repurchases.
−Removed: (2) Effective December 12, 2025, the Company’s board of directors authorized a new share repurchase program under which the Company may repurchase up to $200.0 million in shares of its outstanding common stock, excluding the effect of excise tax expense incurred on net stock repurchases.
+Added: (2) Effective December 12, 2025, the Company’s board of directors authorized a share repurchase program under which the Company may repurchase up to $200.0 million in shares of its outstanding common stock, excluding the effect of excise tax expense incurred on the net stock repurchases.
Any repurchases under the repurchase program will be made in accordance with applicable securities laws from time to time in open market or private transactions.
−Removed: The extent to which the Company repurchases shares, and the timing of such repurchases, will be at management’s discretion and will depend upon a variety of factors, including market conditions, the Company’s capital position and amount of retained earnings, regulatory requirements and other considerations.
The share repurchase program will expire on December 31, 2026, but may be suspended or discontinued at any time.
−Removed: The remaining repurchase authorization under the January 22, 2025 share repurchase program was terminated upon authorization of this new program.
+Added: Effective October 20, 2026, the Company’s board of directors authorized a new share repurchase program under which the Company may repurchase up to $200.0 million in shares of its outstanding common stock, excluding the effect of excise tax expense incurred on the net stock repurchases.
+Added: The share repurchase program will expire on October 31, 2027, but may be suspended or discontinued at any time.
+Added: The remaining repurchase authorization under the December 12, 2025 share repurchase program was terminated upon authorization of this new program.
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.