4 unchanged sentences
Holders of Record
−Removed: As of February 18, 2025, there were 504 holders of record of our Class A common stock and 24 holders of record of our Class B common stock.
+Added: As of February 20, 2026, there we re 442 holders of record of our Class A common stock and 22 holders of record of our Class B common stock.
Because many of our shares of Class A common stock are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number of beneficial owners of our Class A common stock represented by these record holders.
5 unchanged sentences
Issuer Purchases of Equity Securities
−Removed: In October 2023, the Company's board of directors authorized the repurchase of up to $1 billion of the Company’s Class A common stock.
−Removed: On July 25, 2024, the Company's board of directors authorized an increase to the Company's share repurchase program to repurchase up to an additional $3 billion of the Company’s Class A common stock, for a total overall authorization of $4 billion.
+Added: In November 2025, the board of directors of the Company authorized an increase to the Company's share repurchase program to repurchase up to an additional $5 billion of the Company's Class A common stock, for a total authorization of $9 billion.
Repurchases may be made from time to time through open market purchases or through privately negotiated transactions subject to market conditions, applicable legal requirements and other relevant factors.
11 unchanged sentences
5,658 $ 63.84 5,658 $ 5,342,188
−Removed: (i) Average price paid per share for open market purchases includes broker commissions.
+Added: 11,894 11,894
+Added: (i) Average price paid per share for open market purchases includes broker commissions, but excludes excise tax.
Unregistered Sales of Equity Securities
10 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.