Item 5. OTHER INFORMATION
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Item 5. OTHER INFORMATION
Rule 10b5-1 and Non-Rule 10b5-1 Trading Arrangements
For the three months ended March 31, 2026, certain of our officers or directors adopted or terminated trading arrangements for the sale of shares of our common stock as follows:
| Action | Date | Plans | Number of Securities to be Sold | Expiration | ||||||||||||||||||||||||||||||||||
| Rule 10b5-1 1 | Non-Rule 10b5-1 2 | |||||||||||||||||||||||||||||||||||||
| Raj Seshadri, Chief Commercial Payments Officer | Adoption | February 27, 2026 | X | - | Up to (i) 3,977 shares of Class A common stock underlying employee stock options and (ii) 3,000 shares of Class A common stock underlying vested but not yet settled performance stock units 3 | The earlier of (i) the date when all securities under the plan are exercised and sold and (ii) December 31, 2026 | ||||||||||||||||||||||||||||||||
1Intended to satisfy the affirmative defense conditions of Rule 105b-1(c).
2Not intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
3The Rule 10b5-1 trading arrangement provides for the sale of a percentage of shares to be received upon future vesting of certain outstanding equity awards, net of any shares withheld by the Company to satisfy applicable taxes. The number of shares to be withheld, and thus the exact number of shares to be sold pursuant to Ms. Seshadri’s Rule 10b5-1 trading arrangement, can only be determined upon the occurrence of future vesting events. For purposes of this disclosure, we have reported the maximum aggregate number of shares to be sold without subtracting any shares to be withheld upon future vesting events.
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