What changed 10-K

Item 5. Market for Registrant’s Common Equity

2026-02-13 compared with 2025-02-14 · 4 added, 2 removed, 31 unchanged (16% of the section changed)

19 unchanged sentences

December 1, 2025 to December 31, 2025 5,934 $ 84.18 5,934 $ 19,216

Total 21,369 21,369

(1) Average price paid per share excludes broker commissions and fees.

(2) In February 2024, our board of directors authorized the repurchase of up to $7.0 billion in shares of our outstanding common stock.

For additional information, refer to Note 10 – Stockholders' Equity in the notes to the consolidated financial statements included

in Part II, Item 8, “Financial Statements and Supplementary Data,” of this Annual Report on Form 10-K.

In July 2025, our board of directors authorized an additional $20.0 billion for the repurchase of common stock.

These authorizations (collectively, the “Share Repurchase Program”) total $27.0 billion.

For additional information, refer to Note 10 – Stockholders' Equity in the notes to the consolidated financial statements included in Part II, Item 8, “Financial Statements and Supplementary Data,” of this Annual Report on Form 10-K.

Unregistered Sales of Equity Securities and Use of Proceeds

8 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.