Share-based Compensation (Tables)

6 Months Ended

Jun. 30, 2025

Share-Based Payment Arrangement [Abstract]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The following table presents information about the Company’s share-based compensation awards:


	Restricted Class A Common Stock			Stock Options
	Shares	Weighted-average grant date fair value		Shares	Weighted-average exercise price
Outstanding at January 1, 2025	536,185	$	49.14	5,242,236	$	38.23
Activity during the period:
Granted	414,224	52.10		1,198,989	52.05
Vested/exercised (a)	(156,830)	41.49		(492,350)	31.18
Antidilution adjustment (b)	—	—		133,183	n/m
Outstanding at June 30, 2025	793,579	$	52.20	6,082,058	$	40.69

_______________________________________________________________

n/m = Not meaningful

(a)Stock options exercised included 364,418 options that were not converted into shares due to net share settlements to cover the aggregate exercise price and employee withholding taxes.

(b)As a result of the special dividend paid in May 2025, all outstanding stock option awards were adjusted to decrease the exercise price of the options and increase the number of shares issuable under the awards pursuant to an antidilution provision in the Equity Incentive Plan.