v3.25.2
Share based compensation (Tables)
6 Months Ended
Jun. 30, 2025
Restricted stock units  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of changes in the Stocks

Changes in the TRSUs for the six months ended June 30, 2025 are set forth below:

    

    

Weighted average

Number of

fair value at grant

TRSUs

date

Balance as of January 1, 2025

 

283,757

 

$

13.04

TRSUs granted during the six months ended June 30, 2025

170,481

$

9.53

TRSUs vested during the six months ended June 30, 2025

(208,775)

$

(7.97)

Balance as of June 30, 2025 (none of which are vested)

 

245,463

$

14.92

Time Restricted stock units  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of cost related to non-vested awards expected to be recognized

The total cost related to non-vested TRSU awards expected to be recognized through 2028 is set forth below in thousands of U.S. Dollars:

Period

    

TOTAL

2025(1)

$

865

2026

1,040

2027

443

2028

63

$

2,411

(1)Six-month period ending December 31, 2025
PRSUs  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of changes in the Stocks

Performance-Based Restricted stock units (“PRSUs”)

Changes in the PRSUs for the six months ended June 30, 2025 are set forth below:

No. of PRSUs

Balance as of January 1, 2025

 

86,607

PRSUs granted during the six months ended June 30, 2025

51,537

PRSUs vested during the six months ended June 30, 2025

Balance as of June 30, 2025 (none of which are vested)

 

138,144

Schedule of cost related to non-vested awards expected to be recognized

The total cost related to non-vested PRSU awards expected to be recognized through 2028 is set forth below in thousands of U.S. Dollars:

Period

    

TOTAL

2025(1)

$

314

2026

471

2027

254

2028

36

$

1,075

(1)Six-month period ending December 31, 2025