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Item 5. OTHER INFORMATION

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Item 5. OTHER INFORMATION

Securities Trading Plans of Directors and Executive Officers

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

On February 28, 2025, Matt Stumpf, our Chief Financial Officer, terminated a Rule 10b5-1 trading plan, which was previously adopted on December 6, 2024 and intended to satisfy the affirmative defense in Rule 10b5-1(c). The terminated trading plan provided for the potential sale of up to 56,058 shares of our Class A common stock issuable upon vesting and settlement of RSUs granted to Mr. Stumpf, net of shares withheld for taxes and was scheduled to be effective until November 25, 2025, or earlier if all transactions under the trading plan were completed. On March 7, 2025, Mr. Stumpf, adopted a Rule 10b5-1 trading plan and intended to satisfy the affirmative defense in Rule 10b5-1(c). The trading plan provides for the potential sale of up to an aggregate of 4,850 shares of our Class A common stock held by Mr. Stumpf and up to 42,044 additional shares of our Class A common stock issuable upon vesting and settlement of RSUs granted to Mr. Stumpf, net of shares withheld for taxes and is scheduled to be effective until December 10, 2025, or earlier if all transactions under the trading plan were completed.

On March 3, 2025, Victoria Valenzuela, our Chief Legal Officer, terminated a Rule 10b5-1 trading plan, which was previously adopted on December 6, 2024 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 40,000 shares of our Class A common stock held by Ms. Valenzuela and up to 57,207 additional shares of our Class A common stock issuable upon vesting and settlement of RSUs granted to Ms. Valenzuela, net of shares withheld for taxes and was scheduled to be effective until December 05, 2025, or earlier if all transactions under the trading plan were completed.

On August 21, 2024, Eduardo Vivas, a member of our board of directors, Vivas Family Trust U/A/D 10/26/2020, Arutyunyan Family Trust U/A/D 12/1/20 and La Familia V terminated a Rule 10b5-1 trading plan, which was previously adopted on March 14, 2024 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 (i) 1,875,000 shares of our Class A common stock held by Mr. Vivas personally, (ii) 31,875 shares of our Class A common stock held by Vivas Family Trust U/A/D 10/26/2020, (iii) 27,188 shares of our Class A common stock held by Arutyunyan Family Trust U/A/D 12/1/20, and (iv) 5,625 shares of our Class A common stock held by La Familia V. The plan was scheduled to be effective until June 13, 2025, or earlier if all transactions under the trading plan were completed. The termination took place during the fiscal quarter ending September 30, 2024, but was inadvertently not reported in the Company’s Quarterly Report on Form 10-Q for that period.

No other officers, as defined in Rule 16a-1(f), or directors 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.

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