Item 5. OTHER INFORMATION

Securities Trading Plans of Directors and Executive Officers

During our last fiscal quarter, the following directors and officers, as defined in Rule 16a-1(f), adopted or terminated a “Rule 10b5-1 trading arrangement,” as defined in Regulation S-K Item 408, as follows:

On August 7, 2023, Herald Chen, our President, Chief Financial Officer and a member of our board of directors terminated a Rule 10b5-1 trading plan, which was previously adopted on June 14, 2023 and intended to satisfy the affirmative defense in Rule 10b5-1(c). The terminated trading plan provided for the potential sale of up to an aggregate of 1,200,000 shares of our Class A common stock held by Mr. Chen and was scheduled to be effective from January 1, 2024 until December 31, 2025, or earlier if all transactions under the trading plan were completed. Prior to its termination, Mr. Chen had not sold any shares of our Class A common stock under the trading plan.

On August 31, 2023, Victoria Valenzuela, our Chief Legal Officer, terminated a Rule 10b5-1 trading plan, which was previously adopted on December 19, 2022 and intended to satisfy the affirmative defense in Rule 10b5-1(c). The terminated trading plan provided for the potential sale of up to an aggregate of 150,000 shares of

our Class A common stock held by Ms. Valenzuela and additional shares of our Class A common stock issuable upon vesting and settlement of RSUs granted to Ms. Valenzuela subsequent to the adoption of the trading plan and prior to February 21, 2023. The terminated trading plan was scheduled to be effective from February 13, 2023 until December 31, 2023, or earlier if all transactions under the trading plan were completed. On September 11, 2023, Ms. Valenzuela entered into a Rule 10b5-1 trading plan providing for the potential sale of up to an aggregate of 90,000 shares of our Class A common stock held by Ms. Valenzuela and additional shares of our Class A common stock issuable upon vesting and settlement of RSUs granted to Ms. Valenzuela subsequent to the adoption of the trading plan and prior to December 31, 2023. The trading plan is scheduled to be effective until May 31, 2025, or earlier if all transactions under the trading plan are completed. The trading plan is intended to satisfy the affirmative defense in Rule 10b5-1(c).

No other officers or directors, as defined in Rule 16a-1(f), adopted and/or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Regulation S-K Item 408, during the last fiscal quarter.