v3.24.0.1
Insider Trading Arrangements
3 Months Ended 12 Months Ended
Dec. 31, 2023
shares
Dec. 31, 2023
shares
Trading Arrangements, by Individual    
Non-Rule 10b5-1 Arrangement Adopted false  
Rule 10b5-1 Arrangement Terminated false  
Non-Rule 10b5-1 Arrangement Terminated false  
Alexander Moore [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
On November 30, 2023, Alexander Moore, a member of our Board of Directors, adopted a Rule 10b5-1 trading arrangement providing for the potential sales of shares of our Class A common stock through various transactions upon the occurrence and
satisfaction of certain price and/or other conditions, with 257,499 shares being the total of the maximum number of all shares subject to any condition when summed across all possible conditions. The trading arrangement is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The duration of the trading arrangement is until February 28, 2025, or earlier, upon the completion or expiration of all transactions subject to the trading arrangement.
Name Alexander Moore  
Title member of our Board of Directors  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date November 30, 2023  
Arrangement Duration 456 days  
Aggregate Available 257,499 257,499
Eric Woersching [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
On December 8, 2023, Eric Woersching, a member of our Board of Directors, adopted a Rule 10b5-1 trading arrangement providing for the potential sales of shares of our Class A common stock through various transactions upon the occurrence and satisfaction of certain price and/or other conditions, with 35,026 shares being the total of the maximum number of all shares subject to any condition when summed across all possible conditions. The trading arrangement is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The duration of the trading arrangement is until June 6, 2025, or earlier, upon the completion or expiration of all transactions subject to the trading arrangement.
Name Eric Woersching  
Title member of our Board of Directors  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date December 8, 2023  
Arrangement Duration 546 days  
Aggregate Available 35,026 35,026
David Glazer [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
On December 12, 2023, David Glazer, our Chief Financial Officer and Treasurer, adopted a Rule 10b5-1 trading arrangement providing for the potential sales of shares of our Class A common stock through various transactions upon the occurrence and satisfaction of certain price and/or other conditions, with 1,479,169 shares being the total of the maximum number of all shares subject to any condition when summed across all possible conditions. The trading arrangement is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The duration of the trading arrangement is until September 11, 2024, or earlier, upon the completion or expiration of all transactions subject to the trading arrangement.
Name David Glazer  
Title Chief Financial Officer and Treasurer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date December 12, 2023  
Arrangement Duration 274 days  
Aggregate Available 1,479,169 1,479,169
Alexander Karp [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
On December 12, 2023, Alexander Karp, our Chief Executive Officer and a member of our Board of Directors, adopted a Rule 10b5-1 trading arrangement providing for the potential sales of shares of our Class A common stock through various transactions upon the occurrence and satisfaction of certain price and/or other conditions, with 48,900,000 shares being the total of the maximum number of all shares subject to any condition when summed across all possible conditions, less any shares to be withheld and/or sold to satisfy applicable tax withholdings. The trading arrangement is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). The duration of the trading arrangement is until June 1, 2025, or earlier, upon the completion or expiration of all transactions subject to the trading arrangement.
Name Alexander Karp  
Title Chief Executive Officer and a member of our Board of Directors  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date December 12, 2023  
Arrangement Duration 537 days  
Aggregate Available 48,900,000 48,900,000
Rivendell 7 LLC Plan [Member] | Peter Thiel [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
On December 12, 2023, Rivendell 7 LLC, a stockholder whose shares may be deemed to be beneficially owned by Peter Thiel (the Chairman of our Board of Directors), adopted a Rule 10b5-1 arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), subject to the satisfaction of certain price and/or other conditions, with 15,000,000 shares being the total of the maximum number of all shares subject to any condition when summed across all possible conditions. The duration of the trading arrangement is until March 12, 2025, or earlier, upon the completion or expiration of all transactions subject to the trading arrangement.
Name Peter Thiel  
Title Chairman of our Board of Directors  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date December 12, 2023  
Arrangement Duration 456 days  
Aggregate Available 15,000,000 15,000,000
STS Holdings II LLC Plan [Member] | Peter Thiel [Member]    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
On December 12, 2023, STS Holdings II LLC, a stockholder whose shares may be deemed to be beneficially owned by Peter Thiel (the Chairman of our Board of Directors), adopted a Rule 10b5-1 arrangement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), subject to the satisfaction of certain price and/or other conditions, with 5,000,000 shares being the total of the maximum number of all shares subject to any condition when summed across all possible conditions. Trading under the arrangement is not authorized to begin until after all trades under the trading arrangement entered into by Rivendell 7 LLC described above are completed or expired without execution. The duration of the trading arrangement is until March 12, 2025, or earlier, upon the completion or expiration of all transactions subject to the trading arrangement.
Name Peter Thiel  
Title Chairman of our Board of Directors  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date December 12, 2023  
Arrangement Duration 456 days  
Aggregate Available 5,000,000 5,000,000