Annual report [Section 13 and 15(d), not S-K Item 405]

Insider Trading Arrangements

v3.25.1
Insider Trading Arrangements
 3 Months Ended
Dec. 31, 2024
shares
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

Rule 10b5-1 Trading Plans

During the fiscal quarter ended on December 31, 2024, none of our directors and officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted, modified or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as those terms are defined in Item 408(a) of Regulation S-K, except as described in the table below:

Name and Title

Action

Action Date

Duration of Trading Arrangements(1)

Rule 10b5-1 Trading Arrangement?

(Y/N)*

Aggregate Number of Securities Subject to Trading Arrangement

Steven Nichtberger

Chief Executive Officer

Terminate(2)

October 18, 2024

July 8, 2024 - July

31, 2025

Y

Up to 350,000 shares to be sold

Steven Nichtberger

Chief Executive Officer

Adopt(2)

October 18, 2024

February 16, 2025 – July 27, 2026

Y

Up to 350,000 shares to be sold

Gwendolyn Binder

President of Science and Technology

Terminate

November 21, 2024

February 20, 2024 – February 21, 2025

Y

Up to 100,756 shares to be sold

Gwendolyn Binder

President of Science and Technology

Adopt

December 18, 2024

March 27, 2025 to December 12, 2025

Y

Up to 100,756 shares to be sold

 

* Denotes whether the trading plan is intended, when adopted, to satisfy the affirmative defense of Rule 10b5-1(c).

(1) Except as indicated by footnote, each trading arrangement permitted or permits transactions through and including the earlier to occur of (a) the completion of all purchases or sales or (b) the date listed in the table.

(2) Represents the modification, as described in Rule 10b5-1(c)(1)(iv) under the Exchange Act, of a written trading arrangement adopted on November 9, 2023 that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
Rule 10b5-1 Arrangement Modified false
Non-Rule 10b5-1 Arrangement Modified false
Steven Nichtberger [Member]  
Trading Arrangements, by Individual  
Name Steven Nichtberger
Title Chief Executive Officer
Rule 10b5-1 Arrangement Terminated true
Termination Date October 18, 2024
Arrangement Duration 388 days
Aggregate Available 350,000
Steven Nichtberger One [Member]  
Trading Arrangements, by Individual  
Name Steven Nichtberger
Title Chief Executive Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date October 18, 2024
Arrangement Duration 527 days
Aggregate Available 350,000
Gwendolyn Binder [Member]  
Trading Arrangements, by Individual  
Name Gwendolyn Binder
Title President of Science and Technology
Rule 10b5-1 Arrangement Terminated true
Termination Date November 21, 2024
Arrangement Duration 368 days
Aggregate Available 100,756
Gwendolyn Binder One [Member]  
Trading Arrangements, by Individual  
Name Gwendolyn Binder
Title President of Science and Technology
Rule 10b5-1 Arrangement Adopted true
Adoption Date December 18, 2024
Arrangement Duration 180 days
Aggregate Available 100,756