Company: SWAGW
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001213900-25-074995
Chunk: 353

Company: Stran & Company, Inc.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part II, Item 8
Chunk 353
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, Inc. Second Amended and Restated Insider Trading Policy (the “Insider Trading
Policy”), which generally permits insider purchases of the Company’s stock during the period beginning on the second business day
following the day of public release of the Company’s quarterly or annual earnings and ending on the last day of the then-current quarter;
repurchases pursuant to a plan that meets the requirements of Rule 10b5-1; or that meet certain other requirements.

The Company did not repurchase any
shares during the three and six months ended June 30, 2024 or the three months ended March 31, 2025.

20

STRAN & COMPANY, INC.

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED
FINANCIAL STATEMENTS

(in thousands, except
share and per share amounts)

The following table provides information about stock repurchases
during the period April 1, 2025 to June 30, 2025. There were no shares of common stock repurchased for the three months ending March 31,
2025.

    Period 
    Total 
Number of 
    Shares 
Purchased  
    Average 
    Price Paid 
    Per Share  
    Total 
Number of 
    Shares 
Purchased 
    as Part of 
Publicly 
    Announced 
    Plan or 
    Program  
    Maximum 
    Approximate 
    Dollar 
Value of 
Shares that May 
    Yet be 
    Purchased 
Under the 
    Plan or 
    Program 
  
    April 1, 2025 - April 30, 2025 
     —   
    $—   
     —   
    $6,617,594 
  
    May 1, 2025 - May 31, 2025 
     30,949  
    $1.21  
     1,846,115  
    $6,575,864 
  
    June 1, 2025 - June 30, 2025 
     79,344  
    $1.37  
     1,925,459  
    $6,471,760 

M.STOCK-BASED COMPENSATION:

In November 2021, the board of directors
adopted the Amended and Restated 2021 Equity Incentive Plan (the “2021 Plan”) which provides for the granting of non-qualified
stock options and