Insider Trading Policy - The Company has adopted an Insider Trading Policy to prevent insider trading and tipping, applicable to all directors, officers, and employees[3]. - Violations of the Insider Trading Policy may result in disciplinary actions, including immediate termination and civil or criminal penalties[4]. - The Policy covers all transactions in the Company's securities, including common stock, options, and other types of securities[6]. - Insiders are prohibited from trading in Company Securities while aware of material nonpublic information[15]. - Section 16 Persons must obtain prior approval for all trades in Company Securities from the Compliance Officer[9]. - Trading windows are established, allowing trades only during specific periods following public disclosure of financial results[23]. - The Company allows for 10b5-1 Plans, which permit transactions under a written trading plan established when the insider did not possess material nonpublic information[32]. - Insiders must report any violations of the Policy to the Compliance Officer immediately[36]. - The Chief Financial Officer serves as the Insider Trading Compliance Officer, responsible for reviewing and approving proposed trades[38]. - The Compliance Officer is responsible for determining potential violations of insider trading policies and reporting to the Audit Committee if a violation is concluded or cannot be ruled out[40]. - The Policy includes monitoring and enforcing compliance with all provisions and procedures related to insider trading[41]. - Special trading blackout periods will be designated during which Insiders may not trade in Company Securities[43]. - The Compliance Officer will oversee the training of new and existing personnel on the requirements of the insider trading policy[41]. - Recommendations for revisions to the insider trading policy will be proposed to the board of directors as necessary[43]. - The Company will maintain records of all documents required by the insider trading policy and related SEC reports[43]. - The Compliance Officer may designate individuals to perform duties in their absence[42]. - The Company will ensure that human resources collects and maintains certifications of employee receipt of the insider trading policy[43]. - The Compliance Officer will respond to inquiries related to the insider trading policy and its procedures[43]. - The Company will administer, monitor, and enforce compliance with all federal, state, and SRO insider trading statutes and regulations[43].
Western Acquisition Ventures(WAVS) - 2025 Q3 - Quarterly Results