Form 4 • Statement of Changes in Beneficial Ownership
Type
Sell
Net shares
-674,995
% of shares
-18.27%
Amount (USD)
$8,180,640
Insider confidence score
16.3 out of 100
Negative
Security
Class A Common Stock
Action
Exercise
Date
2026-03-02
Code
C
Net shares
+740,000.0
Price per Share
$2.15
Amount (USD)
$1,591,000.00
Acquired/Disposed
Acquired
Shares Owned Before
2,955,522.0
Shares Owned After
3,695,522.0
Security
Class A Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-238,991.0
Price per Share
$12.03
Amount (USD)
$2,875,061.73
Acquired/Disposed
Disposed
Shares Owned Before
3,695,522.0
Shares Owned After
3,456,531.0
Security
Class A Common Stock
Action
Sell
Date
2026-03-03
Code
S
Net shares
-381,004.0
Price per Share
$12.18
Amount (USD)
$4,640,628.72
Acquired/Disposed
Disposed
Shares Owned Before
3,456,531.0
Shares Owned After
3,075,527.0
Security
Class A Common Stock
Action
Sell
Date
2026-03-04
Code
S
Net shares
-55,000.0
Price per Share
$12.09
Amount (USD)
$664,950.00
Acquired/Disposed
Disposed
Shares Owned Before
3,075,527.0
Shares Owned After
3,020,527.0
Security
Series G Convertible Preferred Stock
Action
Exercise
Date
2026-03-02
Code
C
Net shares
-1,591.0
Acquired/Disposed
Disposed
Shares Owned Before
17,317.6
Shares Owned After
15,726.6
1. The reported securities are directly held by North Run Strategic Opportunities Fund I, LP, and may be deemed to be indirectly beneficially owned by North Run Strategic Opportunities Fund I GP, LLC as the general partner of North Run Strategic Opportunities Fund I, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.0002 to $12.1608, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) through (4) to this Form 4.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.30, inclusive.
4. The price reported in Column 4 isa weighted average price. These shares were sold in multiple transactions at prices ranging from $12.02 to $12.164 inclusive.
5. The preferred stock is perpetual and therefore has no expiration date.
This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.