Item 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 March 31, 2025, certain of our officers or directors adopted or terminated trading arrangements for the sale of shares of our common stock.
| Action | Date | Plans | Number of Securities to be Sold | Expiration | ||||||||||||||||||||||||||||||||||
| Rule 10b5-1 1 | Non-Rule 10b5-1 2 | |||||||||||||||||||||||||||||||||||||
| Julius Genachowski, Director | Adoption | March 13, 2025 | X | - | Up to 622 shares of Class A common stock | The earlier of (i) the date when all securities under the plan are sold and (ii) August 15, 2026 | ||||||||||||||||||||||||||||||||
| Linda Kirkpatrick, President, Americas | Adoption | March 14, 2025 | X | - | Up to 2,875 shares of Class A common stock | The earlier of (i) the date when all securities under the plan are sold and (ii) September 30, 2025 | ||||||||||||||||||||||||||||||||
| Timothy Murphy, Vice Chair and Former Chief Administrative Officer 3 | Adoption | February 4, 2025 | X | - | Up to (i) 11,567 shares of Class A common stock underlying employee stock options and (ii) 6,572 shares of Class A common stock | The earlier of (i) the date when all securities under the plan are exercised and sold and (ii) December 31, 2025 | ||||||||||||||||||||||||||||||||
| Raj Seshadri, Chief Commercial Payments Officer | Adoption | March 14, 2025 | X | - | Up to 5,181 shares of Class A common stock | The earlier of (i) the date when all securities under the plan are sold and (ii) December 31, 2025 | ||||||||||||||||||||||||||||||||
| Craig Vosburg, Chief Services Officer | Adoption | March 6, 2025 | X | - | Up to (i) 28,284 shares of Class A common stock underlying employee stock options and (ii) 4,623 shares of Class A common stock | The earlier of (i) the date when all securities under the plan are exercised and sold and (ii) February 6, 2026 |
1Intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
2Not intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
3Mr. Murphy became Vice Chair effective May 1, 2025.
Other Information
Pursuant to Section 219 of the Iran Threat Reduction and Syria Human Rights Act of 2012, we hereby incorporate by reference herein the disclosure contained in Exhibit 99.1 of this Report.
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