Management Change/Compensation (Form 8-K)

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 12, 2026, the Company appointed Constantine Petropoulos, age 48, as Senior Vice President and Chief Financial Officer of the Company, effective immediately. Mr. Petropoulos has served as Senior Vice President and Chief Legal and Capital Markets Officer of the Company since January 2026, and prior thereto, Mr. Petropoulos served as Senior Vice President-Administration and General Counsel of the Company from February of 2025 to January of 2026.

Prior to rejoining the Company in February 2025, Mr. Petropoulos served as a Partner at Hughes Hubbard & Reed LLP, a New York law firm, from May 2021 to July 2024. Prior to that, Mr. Petropoulos served as Senior Vice President and General Counsel of the Company from September 2014 to May 2021. Prior to his originally joining the Company in September 2014, Mr. Petropoulos had been Managing Attorney at Scientific Games Corporation in New York City since November 2011. From September 2007 to October 2011, he was Senior Corporate Counsel, Finance & Strategic Development at Coca-Cola HBC SA in Athens, Greece, and from October 2002 to September 2007, he was an attorney at Latham & Watkins LLP in New York City.

There are no arrangements or understandings between Mr. Petropoulos and any other person pursuant to which he was selected as Senior Vice President and Chief Financial Officer. There are no family relationships between Mr. Petropoulos and any director or executive officer of the Company or any person nominated or chosen by the Company to become a director or executive officer. Mr. Petropoulos does not have a direct or indirect material interest in any transaction requiring disclosure pursuant to Item 404(a) of Regulation S-K.

In connection with Mr. Petropoulos's appointment, the Compensation Committee approved an increase in his annual base salary from $357,000 to $425,000, effective August 12, 2026, and the Stock Option Committee granted Mr. Petropoulos a stock option to purchase 25,000 shares of the Company's common stock under the Company's 2018 Stock Option Plan. The option was granted on August 12, 2026, has an exercise price of $37.47 per share, becomes exercisable as to 25% of the underlying shares on each of the first four anniversaries of the grant date, and expires ten years from the date of grant.