1 unchanged sentence
Recent Sales of Unregistered Securities
−Removed: During the three months ended October 31, 2025, we issued approximately 45 thousand shares of our Class A common stock in connection with acquisitions, which are subject to certain time-based vesting provisions.
−Removed: These shares of our Class A common stock were issued in reliance on one or more of the following exemptions or exclusions from the registration requirements of the Securities Act:
−Removed: Section 4(a)(2) of the Securities Act, Regulation D promulgated under the Securities Act, and Regulation S promulgated under the Securities Act.
Purchases of Equity Securities by the Issuer
−Removed: The table below sets forth information regarding our purchases of our Class A common stock during the three months ended October 31, 2025 (in millions, except number of shares which are reflected in thousands, and per share data):
+Added: The table below sets forth information regarding our purchases of our Class A common stock during the three months ended April 30, 2026 (in millions, except number of shares which are reflected in thousands, and per share data):
Period Total Number of Shares Purchased (2)
2 unchanged sentences
Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program (1)(2)
−Removed: August 1, 2025 - August 31, 2025 271 $ 224.18 271 $ 1,150
−Removed: September 1, 2025 - September 30, 2025 2,410 240.76 2,410 4,570
−Removed: October 1, 2025 - October 31, 2025 686 235.70 686 4,408
+Added: February 1, 2026 - February 28, 2026 1,694 $ 145.80 1,694 $ 2,661
+Added: March 1, 2026 - March 31, 2026 6,974 135.65 6,974 1,715
+Added: April 1, 2026 - April 30, 2026 3,357 121.22 3,357 1,308
Total 12,025 12,025
(1) Amounts exclude excise tax and commissions.
−Removed: (2) In August 2024, our Board of Directors authorized the repurchase of up to $1.0 billion of our outstanding shares of Class A common stock, in May 2025, our Board of Directors authorized the repurchase of up to an additional $1.0 billion of our outstanding shares of Class A common stock, and in September 2025, our Board of Directors authorized the repurchase of up to an additional $4.0 billion of our outstanding shares of Class A common stock.
+Added: (2) In September 2025, our Board of Directors authorized the repurchase of up to $4.0 billion of our outstanding shares of Class A common stock.
For further information, see Note 13, Stockholders’ Equity , of the Notes to Condensed Consolidated Financial Statements included in Part I, Item 1 of this report.
3 unchanged sentences
Not applicable.
−Removed: Table o f Contents
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.