v3.25.4
Insider Trading Arrangements
3 Months Ended
Dec. 31, 2025
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
Peter Thiel [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On November 14, 2025, 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 2,000,000 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, 2027, 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 November 14, 2025
Expiration Date March 12, 2027
Arrangement Duration 483 days
Aggregate Available 2,000,000
Alexander Karp [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On November 21, 2025, 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 360,000 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 November 25, 2026, 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 November 21, 2025
Expiration Date November 25, 2026
Aggregate Available 360,000
Alexander Moore [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement
On December 11, 2025, 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 192,000 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 March 12, 2027 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 December 11, 2025
Expiration Date March 12, 2027
Aggregate Available 192,000
Eric Woersching [Member]  
Trading Arrangements, by Individual  
Arrangement Duration 369 days
David Glazer [Member]  
Trading Arrangements, by Individual  
Arrangement Duration 456 days