Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities.
−Removed: On May 15, 2024, we announced a new stock repurchase program under which the Company is authorized to repurchase up to 5,000,000 shares of its common stock.
−Removed: As of June 30, 2025, the Company had purchased 3,216,658 shares pursuant to this authorization and had 1,783,342 shares remaining available for repurchase.
+Added: On August 7, 2025, the Board of Directors approved a new stock repurchase program under which the Company is authorized to repurchase up to 5,000,000 shares of its common stock.
+Added: We disclosed this authorization on August 11, 2025 in a Form 8-K.
+Added: Upon approval of the new program, the Board of Directors withdrew the previous stock repurchase authorization that was approved on May 14 2024, which had 1,783,342 shares remaining available for repurchase.
+Added: As of September 30, 2025, the Company had not purchased any shares pursuant to the new authorization and had 5,000,000 shares remaining available for repurchase.
The Company may purchase shares from time to time depending on market, economic, and other factors.
The authorization will continue unless withdrawn by the Board of Directors.
−Removed: The following table summarizes our stock repurchases during second quarter 2025 made pursuant to this authorization.
−Removed: The Company did not purchase any shares during second quarter 2025 other than pursuant to this authorization.
−Removed: All stock repurchases were made by the Company or on its behalf and not by any “affiliated purchaser,” as defined by Rule 10b-18 of the Exchange Act.
−Removed: Issuer Purchases of Equity Securities
−Removed: Period Total Number of
−Removed: Shares Purchased Average Price
−Removed: Paid per Share (1)
−Removed: Total Number of Shares
−Removed: Part of Publicly
−Removed: Announced Plans or
−Removed: Programs Maximum Number (or
−Removed: Approximate Dollar
−Removed: Value) of Shares that May Yet Be
−Removed: Purchased Under the
−Removed: Plans or Programs
−Removed: April 1-30, 2025 — $ — — 3,896,349
−Removed: May 1-31, 2025 1,729,868 $ 25.83 1,729,868 2,166,481
−Removed: June 1-30, 2025 383,139 $ 27.02 383,139 1,783,342
−Removed: Total 2,113,007 $ 26.05 2,113,007
−Removed: (1) Average price paid per share for open market purchases include broker commissions, but exclude excise tax.
+Added: No shares of common stock were repurchased during third quarter 2025 by either the Company or any “affiliated purchaser,” as defined by Rule 10b-18 of the Exchange Act.
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.