Item 9B. OTHER INFORMATION
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Item 9B. OTHER INFORMATION
Disclosure of 10b5-1 plans
During the three months ended December 31, 2024, the following officers had adopted a “Rule 10b5-1 trading arrangement”
as follows:
On December 12, 2024, Marc E. Binda, our Chief Financial Officer and Treasurer, entered into a Rule 10b5-1 trading
arrangement providing for the sale, from time to time, of up to 15,945 shares of common stock through December 12, 2025. Mr. Binda’s
trading plan was entered into during an open insider trading window and is intended to satisfy the affirmative defense of Rule 10b5-1(c)
under the Exchange Act and our insider trading policy.
On December 16, 2024, Daniel J. Ryan, our Co-President and Regional Market Director – San Diego, entered into a Rule
10b5-1 trading arrangement providing for the sale, from time to time, of up to 30,000 shares of common stock. The arrangement will be
effective through August 14, 2025. Mr. Ryan’s trading plan was entered into during an open insider trading window and is intended to
satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act and our insider trading policy.
No other officers or directors had any contract, instruction, or written plan for the purchase or sale of our securities that was
intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement” in effect at any
time during the year ended December 31, 2024.
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