Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
(c) Repurchase activity during the first quarter of 2026 is as follows:
Month Total Number of
Shares Purchased Average Price
Paid per Share* Total Number of
Shares Purchased as
Part of Publicly
Announced Program Maximum Number of Shares that May Yet Be Purchased Under the Program
January 1 - January 31 156,696 $ 104.39 156,696 12,045,150
February 1 - February 28 1,107,510 $ 94.51 1,107,510 10,937,640
March 1 - March 31 2,430,019 $ 89.22 2,430,019 8,507,621
Total 3,694,225 $ 91.45 3,694,225
*Amounts presented exclude estimated excise tax
Shares repurchased by us in a quarter may include repurchases conducted pursuant to publicly announced board authorization, outstanding shares surrendered to us to pay the exercise price in connection with swap exercises of stock options, and shares withheld to cover the minimum tax withholding obligation associated with the vesting of restricted stock awards. Of the total number of shares purchased during the first quarter of 2026, all were part of a publicly announced program.
The following table details the changes in and status of the Board of Directors’ outstanding publicly announced board authorization.
Authorization Dates Maximum Number of Shares that May Yet Be Purchased at 1/1/2026
Total Number of
Shares Purchased Maximum Number of Shares that May Yet Be Purchased at 3/31/2026
December 2024 12,201,846 (3,694,225) 8,507,621
Item 3. Defaults Upon Senior Securities.
Not applicable.
Item 4. Mine Safety Disclosures.
Not applicable.
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.