Item 5. OTHER INFORMATION
3K characters. Original on sec.gov · Markdown
Item 5. OTHER INFORMATION
Trading Arrangements
During the three months ended September 30, 2025, the Company’s directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted, materially modified or terminated written plans intended to satisfy the affirmative defense conditions of Securities Exchange Act Rule 10b5-1(c) for the sale of the Company’s securities as set forth in the table below.
| Name | Position | Action | Date | Total Shares of Class A Common Stock to be Sold | Expiration Date | |||||||||||||||||||||||||||
| Adam Blitzer | Chief Operating Officer | Adoption | August 22, 2025 | Up to 143,055 shares (1)(2) | December 31, 2026 | |||||||||||||||||||||||||||
| Olivier Pomel | Chief Executive Officer & Director | Adoption | September 15, 2025 | 1,525,692 (3) | December 23, 2026 | |||||||||||||||||||||||||||
| (1)The actual number of shares that will be sold under the Rule 10b5-1 trading plan will be reduced by the number of shares sold pursuant to the Company’s election under its equity incentive plans to require the satisfaction of tax withholding obligations realized upon the vesting of RSUs and PSUs to be funded by a sell-to-cover transaction. The number of Company shares to be sold to satisfy the Company’s tax withholding obligation is not known at this time as it is dependent on future events, including the future trading price of the Company’s shares. | ||||||||||||||||||||||||||||||||
| (2)Includes up to 57,152 shares subject to PSUs previously awarded to Mr. Blitzer that may vest and be released upon the satisfaction of the applicable performance conditions (the “Blitzer PSUs”). The actual number of Blitzer PSUs that will vest is not yet determinable. | ||||||||||||||||||||||||||||||||
| (3)Approximately 509,000 shares will be sold in sell-to-cover transactions intended to satisfy tax withholding obligations and exercise costs realized upon the exercise of stock options. |
Previous: Item 1A. RISK FACTORS · Next: Item 6. EXHIBITS
Sponsor Sponsor this sector. One slot per industry, shown on every filing in it. Details