Item 5. OTHER INFORMATION
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Item 5. OTHER INFORMATION
During the three months ended December 31, 2023, certain of our directors and officers of the Company adopted a "Rule 10b5-1 trading arrangement" or "non-Rule 10b5-1 trading arrangement," as each term is defined in item 408(a) of Regulation S-K as follows.
Charles Kummeth, Former President and Chief Executive Officer, adopted a Rule 10b5-1 trading plan. Mr. Kummeth’s trading plan provides for the sale of 90,000 outright shares to be sold at a limit of $90 between March 11, 2024 through October 10, 2024, when the plan expires. The plan also provides for the sale of 10,000 outright shares to be sold at a limit of $92 from March 12, 2024 through October 1, 2024, when the plan expires.
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