v3.25.1
Equity Incentive Plans (Tables)
 3 Months Ended
Mar. 31, 2025
2019 Long Term Incentive Plan  
Summary of Issuances, Vesting and Retirement of Shares under Plan The following table summarizes issuances, vesting, and retirement of shares under the plan as well as the fair value of granted stock for the three months ended March 31, 2025 and 2024 (dollars in thousands).

 

 

 

Three Months Ended

 

 

Weighted Average

 

 

Three Months Ended

 

 

Weighted Average

 

 

 

March 31, 2025

 

 

Grant Date Fair Value

 

 

March 31, 2024

 

 

Grant Date Fair Value

 

Unvested as of Beginning of Period

 

 

1,993,459

 

 

$

14.53

 

 

 

1,326,891

 

 

$

14.56

 

Shares Granted

 

 

319,956

 

 

 

15.83

 

 

 

753,051

 

 

 

14.80

 

Shares Vested and Forfeited

 

 

(285,251

)

 

 

14.81

 

 

 

(287,793

)

 

 

14.19

 

Unvested as of Ending of Period

 

 

2,028,164

 

 

$

14.70

 

 

 

1,792,149

 

 

$

14.72

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value of Granted Stock

$

 

5,065

 

 

 

 

$

 

11,145

 

 

 

 

Compensation Cost Recognized

$

 

2,559

 

 

 

 

$

 

2,391

 

 

 

 
2019 Restricted Stock Plan  
Summary of Issuances, Vesting and Retirement of Shares under Plan

For additional information regarding the 2019 Restricted Stock Plan, please refer to the Company’s Current Reports on Form 8-K, filed with the SEC on June 23, 2021 and June 14, 2024, and the Company’s definitive proxy statement for the 2025 Annual Meeting of Stockholders. The following table summarizes issuances, vesting, and retirement of shares under the plan as well as the fair value of granted stock for the three months ended March 31, 2025 and 2024 (dollars in thousands).

 

 

 

Three Months Ended

 

 

Weighted Average

 

 

Three Months Ended

 

 

Weighted Average

 

 

 

March 31, 2025

 

 

Grant Date Fair Value

 

 

March 31, 2024

 

 

Grant Date Fair Value

 

Unvested as of Beginning of Period,

 

 

13,340

 

 

$

14.99

 

 

 

15,196

 

 

$

13.16

 

Shares Granted

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Shares Vested and Forfeited

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Unvested as of Ending of Period,

 

 

13,340

 

 

$

14.99

 

 

 

15,196

 

 

$

13.16

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value of Granted Stock

$

 

—

 

 

 

 

$

 

—

 

 

 

 

Compensation Cost Recognized

$

 

50

 

 

 

 

$

 

50