Item 1A. Risk Factors

3K characters. Original on sec.gov · Markdown

Item 1A. Risk Factors

| Risk Factors | | |

There were no material changes to the risk factors disclosed in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025.


Item 2.
Unregistered Sales of Equity Securities and Use of Proceeds

Purchases of our equity securities during the quarter ended March 31, 2026 are summarized below.



Period	Total Number of Shares Purchased	Average Price Paid Per Share		Total Number of Shares Purchased As Part of Publicly Announced Plans or Programs	Maximum Number of Shares That May Yet Be Purchased Under the Plans or Programs 1

January 1 - January 31	199,099	$	292.01	199,099	5,073,578
February 1 - February 28	128,109	$	307.60	128,109	4,945,469
March 1 - March 31	176,982	$	293.45	176,982	4,768,487
Total	504,190	$	296.47	504,190

1In February 2017, our Board of Directors authorized us to purchase up to 10,000,000 shares of our common stock. As of March 31, 2026, there were 4,768,487 shares remaining under this authorization. Depending upon market, business, legal and other conditions, we may purchase shares from time to time through the open market (including plans designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934) and/or through privately negotiated transactions. The authorization has no time limit, does not obligate us to purchase any specific number of shares and may be suspended or discontinued at any time.

We did not have any unregistered sales of equity securities during the first quarter of 2026.


Item 4.
Mine Safety Disclosures

The information concerning mine safety violations or other regulatory matters required by Section 1503(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 104 of Regulation S-K is included in Exhibit 95 of this report.

Previous: Item 4. Controls and Procedures · Next: Item 5. Other Information