filings.toolsItem 9B. Other Information.
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Item 9B. Other Information.
Securities Trading Plans
During the three months ended December 31, 2024, none of the Company's directors or executive officers adopted or terminated any contract, instruction or written plan for the purchase or sale of Company securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any "non-Rule 10b5-1 trading arrangement" as defined in Item 408(c) of Regulation S-K, except as follows:
| Name/Title | Type of Plan | Adoption Date | End Date | Aggregate Number of Securities to be Sold | Plan Description | |||||||||||||||||||||||||||
| David Gibbs / Chief Executive Officer | Rule 10b5-1 trading plan | December 4, 2024 | April 30, 2026 | 109,716(1) | Exercise of Stock Appreciation Rights and Sale of Resulting Shares | |||||||||||||||||||||||||||
| Tracy Skeans/Chief Operating Officer and Chief People & Culture Officer | Rule 10b5-1 trading plan | December 3, 2024 | December 31, 2025 | 32,964(2) | Sale of Shares/Sale of Resulting Shares from PSU Vesting | |||||||||||||||||||||||||||
| Erika Burkhardt/Chief Legal Officer and Corporate Secretary | Rule 10b5-1 trading plan | December 3, 2024 | September 30, 2025 | 1,800(3) | Sale of Resulting Shares from RSU Vesting/Exercise of Stock Appreciation Rights and Sale of Resulting shares |
(1)Represents the number of shares of common stock underlying the stock appreciation rights awards specified in the plan. The actual number of shares of common stock to be received and sold following the exercise of the awards will depend upon the appreciation in the value of the awards and the number of shares withheld for any taxes.
(2)Represents 10,434 outstanding shares of common stock and the number shares of common stock to be received upon vesting of the performance share unit awards specified in the plan (assuming maximum performance). The actual number of shares of common stock to be received and sold following the vesting of the performance share unit awards will depend upon the Company’s performance, dividend equivalent accruals and the number of shares withheld for any taxes.
(3)Represents the number of shares of common stock underlying the restricted stock unit awards and stock appreciation rights awards specified in the plan. The actual number of shares of common stock to be received and sold following the exercise of the stock appreciation rights awards will depend upon the appreciation in the value of the stock appreciation rights awards and the number of shares withheld for any taxes. The actual number of shares of common stock to be received and sold following the vesting of the restricted stock unit awards will depend upon dividend equivalent accruals and the number of shares withheld for any taxes.
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