Item 5. Other Information
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Item 5. Other Information
(c) Director and Officer Trading Arrangements
The following table describes, for the quarterly period covered by this report, each trading arrangement for the sale or purchase of Company securities adopted, terminated or for which the amount, pricing or timing provisions were modified by our directors and officers that is either (1) a contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) (a “Rule 10b5-1 trading arrangement”) or (2) a “non-Rule 10b5-1 trading arrangement” (as defined in Item 408(c) of Regulation S-K):
| Name (Title) | Action Taken (Date of Action) | Type of Trading Arrangement | Nature of Trading Arrangement | Duration of Trading Arrangement | Aggregate Number of Securities to be Purchased or Sold | ||||||||||||
| Adam Karon (Chief Operating Officer and General Manager of the Cloud Technology Group) | Termination (March 3, 2026)(1) | Rule 10b5-1 trading arrangement | Sales | (1) | (1) | ||||||||||||
| Paul C. Joseph (EVP, Global Sales and Services) | Adoption (March 4, 2026) | Rule 10b5-1 trading arrangement | Sales | Until March 17, 2027, or such earlier date upon which all transactions are completed or expire without execution | Up to 15,500 shares of common stock | ||||||||||||
| Kimberly Salem-Jackson (EVP, Chief Marketing Officer) | Adoption (March 10, 2026) | Rule 10b5-1 trading arrangement | Sales | Until November 30, 2026, or such earlier date upon which all transactions are completed or expire without execution | Up to 4,313 shares of common stock | ||||||||||||
| Robert Blumofe (EVP, Chief Technology Officer) | Adoption (March 13, 2026) | Rule 10b5-1 trading arrangement | Sales | Until March 5, 2027, or such earlier date upon which all transactions are completed or expire without execution | Up to 20,243 shares of common stock |
(1) On March 3, 2026, Adam Karon terminated a Rule 10b5-1 trading arrangement that was previously adopted on August 22, 2025. For additional details about the material terms of this arrangement, refer to the description under the heading “(c) Director and Officer Trading Arrangements” contained in Part II, Item 5. Other Information of our Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, which is incorporated herein by reference.
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