The table below summarizes total stock grants made at each grant date as of June 30, 2025.


Grant Date	Class of common stock granted	Total number of shares granted		Grant Date Fair Value Per Share		Total Fair Value of Grant		Vesting Date
10/2/2023	Class I	935		$	24.89	$	23	10/2/2024
3/19/2024	Class I		2,387	$	25.01	$	60	3/19/2025
8/1/2024	Class I		3,335	$	24.89	$	83	8/1/2025

Under the Company’s amended and restated independent director compensation plan (the “DCP”), restricted shares generally vest over a one-year period from the date of the grant, subject to the specific terms of the grant. Restricted shares are included in common stock outstanding on the date of grant. Compensation expense, which is equal to the grant-date value of the restricted shares, is amortized by the Operating Partnership over the vesting period representing the requisite service period. The total fair value at the vesting date for restricted shares that vested during the three and six months ended June 30, 2025 was $0 and $58, respectively. There were no restricted shares that vested during the three and six months ended June 30, 2024.

A summary of the status of the restricted shares granted under the DCP is presented below:


	Restricted Shares
Outstanding at December 31, 2024		5,722
Granted		—
Vested		(2,387	)
Outstanding at June 30, 2025		3,335