Company: NSP
Filing Date: 2025-02-11
Form Type: 10-K
Source: 0001000753-25-000008
Chunk: 52

Company: INSPERITY, INC.
Filing Date: 2025-02-11
Form: 10-K
Item: Item 5
Chunk 52
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Item 5.  Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

Common Stock

Our common stock is traded on the New York Stock Exchange under the symbol “NSP.” As of February 3, 2025, there were 60 holders of record of our common stock. This number does not include stockholders for whom shares were held in “nominee” or “street name.” 

Dividend Policy

During 2024, we paid dividends of $89 million. The payment of dividends is made at the discretion of our Board and depends upon our operating results, financial condition, capital requirements, general business conditions and such other factors as our Board deems relevant.

Issuer Purchases of Equity Securities

The following table provides information about purchases by Insperity during the three months ended December 31, 2024 of equity securities that are registered by Insperity pursuant to Section 12 of the Exchange Act:

PeriodTotal Number of Shares Purchased(1)(2)Average Price Paid per ShareTotal Number of Shares Purchased Under Announced Program(2)Maximum Number of Shares Available for Purchase under Announced Program(2)10/01/2024 — 10/31/202498 $88.91 — 1,598,559 11/01/2024 — 11/30/202440,000 78.24 40,000 1,558,559 12/01/2024 — 12/31/2024105,815 80.92 105,795 1,452,764 Total145,913 $80.19 145,795 

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(1)During the three months ended December 31, 2024, 118 shares of stock were withheld to satisfy tax-withholding obligations arising in conjunction with the vesting of restricted stock units. The required withholding is calculated using the closing sales price reported by the New York Stock Exchange on the date prior to the applicable vesting date. These shares are not subject to the repurchase program.

(2)Our Board of Directors has approved a program to repurchase shares of our outstanding common stock. During the three months ended December 31, 2024, 145,795 shares were repurchased under the program. On August 1, 2023, we announced our Board of Directors had authorized an increase of 2,000,000 shares that may be repurchased under the