Item 5. Other Information
3K characters. Original on sec.gov ·
Item 5. Other Information
During the fiscal quarter ended September 30, 2025, our executive officers and directors adopted the following trading arrangements that are intended to satisfy the affirmative defense of Rule 10b5-1(c).
| Name & Title | Date of Adoption | Duration of Trading Arrangement | The maximum number of securities to be sold pursuant to the trading arrangement (1) | ||||||||
| Maria Black, President and Chief Executive Officer | September 4, 2025 | January 2, 2026 – December 31, 2026 | 57,214 | ||||||||
| Michael Bonarti, Chief Administrative Officer | September 4, 2025 | February 3, 2026 – December 31, 2026 | 20,805 | ||||||||
| Christopher D’Ambrosio, Chief Strategy Officer | September 8, 2025 | January 2, 2026 – December 31, 2026 | 6,202 | ||||||||
| Joseph DeSilva, Executive Vice President, North America and Chief of Operations | September 4, 2025 | January 2, 2026 – December 31, 2026 | 14,225 | ||||||||
| David Foskett, President, Global Sales | September 8, 2025 | February 5, 2026 – December 31, 2026 | 3,054 | ||||||||
| Peter Hadley, Chief Financial Officer | September 4, 2025 | January 2, 2026 – December 31, 2026 | 1,487 | ||||||||
| Sreeni Kutam, President, Global Product and Innovation | September 4, 2025 | January 2, 2026 – December 31, 2026 | 13,364 | ||||||||
| David Kwon, Chief Legal Officer/General Counsel | September 4, 2025 | January 2, 2026 – December 31, 2026 | 5,116 | ||||||||
| Jonathan Lehberger, Corporate Controller | September 4, 2025 | January 2, 2026 – December 31, 2026 | 2,545 | ||||||||
| Virginia Magliulo, Executive Vice President, Employer Services International | September 8, 2025 | January 12, 2026 – December 31, 2026 | 5,235 | ||||||||
| Brian Michaud, Executive Vice President, Smart Compliance Solutions & Human Resources Outsourcing | September 9, 2025 | January 2, 2026 – December 31, 2026 | 10,785 | ||||||||
| Carlos Rodriguez, Director | September 4, 2025 September 4, 2025 | January 6, 2026 – June 30, 2026 September 2, 2026 – December 31, 2026 | 13,813(2) 24,651 |
(1) Securities reported in this column reflect options, restricted stock units (“RSUs”), performance-based stock units (“PSUs”) and shares of common stock, as appropriate. In the case of RSUs, quantities included in this column reflect the full amount of RSUs as reported in an officer’s respective plan and do not reflect the impact of tax withholding which will not be determined until the RSUs vest. In the case of PSUs (which have a three-year performance period), quantities included in this column reflect the application of performance factors at target and the inclusion of accrued dividend equivalents through the date of adoption of the trading arrangement. The PSU amounts do not reflect the impact of tax withholding which will not be determined until the PSUs vest. In addition, securities reported in this column include securities subject to limit orders and such orders may not fill if limit order conditions are not met.
(2) Indirect shares held by trust.
Previous: Item 1A. Risk Factors · Next: Item 6. Exhibits