v3.25.2
Equity-based Compensation (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Equity Option Activity

Option activity for the six months ended June 30, 2025 under the 2013 Plan and 2019 Plan is as follows:

 

 

 

Number of
Shares

 

 

Weighted
Average
Exercise Price

 

 

Weighted
Average
Remaining
Contractual
Term
(years)

 

 

Aggregate
Intrinsic
Value
(thousands)

 

Balance at January 1, 2025

 

 

4,666,009

 

 

$

16.23

 

 

 

7.4

 

 

$

85,899

 

Granted

 

 

318,317

 

 

 

26.17

 

 

 

9.6

 

 

 

 

Exercised

 

 

(78,953

)

 

 

10.63

 

 

 

 

 

 

 

Forfeited

 

 

(94,652

)

 

 

18.50

 

 

 

 

 

 

 

Expired

 

 

(16,178

)

 

 

40.09

 

 

 

 

 

 

 

Balance at June 30, 2025

 

 

4,794,543

 

 

 

16.86

 

 

 

7.1

 

 

 

28,140

 

Exercisable at June 30, 2025

 

 

1,724,391

 

 

 

16.70

 

 

 

5.0

 

 

 

12,295

 

Vested and expected to vest

 

 

3,465,240

 

 

 

18.31

 

 

 

6.7

 

 

 

18,846

 

Summary of RSU Award Activity

RSU award activity for the six months ended June 30, 2025 under the 2019 Plan is as follows:

 

 

 

Class A
Common
Stock

 

 

Weighted
Average
Grant Date
Fair Value

 

 

Weighted
Average
Remaining
Contractual
Term
(years)

 

 

Aggregate
Intrinsic
Value
(thousands)

 

Unvested at January 1, 2025

 

 

71,195

 

 

$

22.68

 

 

 

1.0

 

 

$

2,384

 

Granted

 

 

131,243

 

 

 

26.05

 

 

 

0.1

 

 

 

 

Released

 

 

(139,532

)

 

 

25.19

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

Unvested at June 30, 2025

 

 

62,906

 

 

 

24.14

 

 

 

0.9

 

 

 

1,261