Item 5. OTHER INFORMATION
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Item 5. OTHER INFORMATION
On March 12, 2024, W. Nicholas Howley, the Company’s Chairman of the Board of Directors, entered into a new “Rule 10b5-1 trading arrangement” (as defined in Item 408 of Regulation S-K) for the sale of 158,674 shares of common stock issuable upon the exercise of vested options intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act, which Rule 10b5-1 trading arrangement is scheduled to begin on June 15, 2024 and terminate no later than October 31, 2026.
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