filings.toolsItem 5. OTHER INFORMATION
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Item 5. OTHER INFORMATION
Rule 10b5-1 and Non-Rule 10b5-1 Trading Arrangements
During the three months ended July 31, 2025, certain of our directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted a “Rule 10b5-1 trading arrangement” (as defined in Regulation S-K Item 408) for the sale of shares of our common stock, as set forth below, in amounts and prices determined in accordance with a formula set forth in each such plan:
| Plans | ||||||||||||||||||||||||||||||||||||||
| Name and Title | Action | Date | Rule 10b5-1**(1)** | Non-Rule 10b5-1**(2)** | Number of Shares to be Sold | Expiration**(3)** | ||||||||||||||||||||||||||||||||
| Michael Sentonas, President | Adoption | June 24, 2025 | X | Up to 45,000 | Earlier of when all shares under the plan are sold and June 24, 2026 | |||||||||||||||||||||||||||||||||
| Sameer K. Gandhi, Director | Adoption | June 27, 2025 | X | Up to 80,000 | Earlier of when all shares under the plan are sold and September 30, 2026 |
(1)Intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
(2)Not intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
(3)Subject to further early termination for certain specified events as set forth therein.
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