Share-based Compensation |
3 Months Ended | ||||||||||||||||||||||||||||||
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Mar. 31, 2025 | |||||||||||||||||||||||||||||||
Share-Based Payment Arrangement [Abstract] | |||||||||||||||||||||||||||||||
SHARE-BASED COMPENSATION | 16. SHARE-BASED COMPENSATION Joint Stock Ownership Plan Vesting On January 20, 2025, the JSOP award vested at a market price of $327.00 per share and on January 21, 2025 the shares were exercised. As the market price exceeded the hurdle price and the performance condition based on growth in FDBVPS was met, 209,490 shares were issued to our Chief Executive Officer (“CEO”) (calculated as the market price of $327.00 less $205.89, multiplied by the 565,630 shares comprising the JSOP award, divided by the market price of $327.00). The remaining 356,140 shares held in the EB Trust were cancelled.
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