v3.25.4
Employee Stock Purchase and Equity-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2025
Schedule of Share Based Compensation Plans Under Equity Securities Authorized for Issuance

The following table provides information as of December 31, 2025 regarding compensation plans under which our equity securities are authorized for issuance.

 

Plan Category

 

Number of Securities to be Issued upon Exercise of Outstanding Options, Warrants and Rights
(a)

 

 

Weighted-Average Exercise Price of Outstanding Options, Warrants and Rights
(b)

 

 

Number of Securities Remaining Available for Future Issuance under Equity Compensation Plans (Excluding Securities Reflected in Column (a))
(c)

 

 

Equity compensation plans approved by security holders (1)

 

 

-

 

 

 

-

 

 

 

1,217,941

 

(2)

Equity compensation plans not approved by security holders

 

 

1,591,245

 

(3)

 

-

 

 

 

6,931,420

 

(4)

Total

 

 

1,591,245

 

 

 

-

 

 

 

8,149,361

 

 

 

(1)
Consists of the 2020 Employee Stock Purchase Plan.
(2)
Amount represents 1,217,941 shares remaining available for future issuance under the 2020 Employee Stock Purchase Plan (of which 79,496 shares were purchased pursuant to the offering period that ended on December 31, 2025).
(3)
Amount represents the sum of 1,591,245 shares of common stock subject to outstanding RSU and PSU awards under the 2019 Incentive Plan (with PSU awards reflected at “target” levels),
(4)
Amount represents 6,931,420 shares remaining available for future issuance under the 2019 Incentive Plan.
Summary of Stock Issuance Activity

The following table presents stock issuance activity for the years ended December 31, 2025 and December 31, 2024 (in thousands):

 

 

 

2025

 

 

2024

 

Purchase price paid for shares sold

 

$

9,464

 

 

$

7,935

 

Number of shares sold

 

 

150

 

 

 

96

 

 

Summary of Restricted Stock Outstanding

The following table presents the number of shares of restricted stock outstanding (at target shares for awards with performance conditions) at December 31, 2025, December 31, 2024 and December 31, 2023:

 

 

 

December 31,
2025

 

 

December 31,
2024

 

 

December 31,
2023

 

Restricted Stock Units (service condition)

 

 

730,329

 

 

 

911,908

 

 

 

1,085,203

 

Restricted Stock Units (service and performance condition)

 

 

860,916

 

 

 

971,110

 

 

 

1,008,133

 

Restricted Stock Units  
Summary of Restricted Stock Unit Activity

The following table presents the number and weighted average grant-date fair value of restricted stock units (at target shares for awards with performance conditions) for the years ended December 31, 2025, December 31, 2024 and December 31, 2023:

 

 

 

Number of Units

 

 

Weighted Average Grant-Date Fair Value

 

Outstanding at December 31, 2022

 

 

1,621,155

 

 

$

37.49

 

Granted

 

 

1,068,516

 

 

 

48.96

 

Vested

 

 

(372,962

)

 

 

37.56

 

Forfeited

 

 

(223,373

)

 

 

39.90

 

Outstanding at December 31, 2023

 

 

2,093,336

 

 

 

43.11

 

Granted

 

 

642,996

 

 

 

79.71

 

Vested

 

 

(697,956

)

 

 

37.83

 

Forfeited

 

 

(155,358

)

 

 

45.33

 

Outstanding at December 31, 2024

 

 

1,883,018

 

 

 

57.35

 

Granted

 

 

761,120

 

 

 

50.20

 

Vested

 

 

(855,126

)

 

 

41.88

 

Forfeited

 

 

(197,767

)

 

 

52.84

 

Outstanding at December 31, 2025

 

 

1,591,245

 

 

$

62.80

 

 

Summary of Restricted Stock Outstanding

The following table presents the number of shares of restricted stock units granted (at target shares for awards with performance conditions) for the years ended December 31, 2025, December 31, 2024 and December 31, 2023:

 

 

 

December 31,
2025

 

 

December 31,
2024

 

 

December 31,
2023

 

Restricted Stock Units (service condition)

 

 

401,974

 

 

 

346,483

 

 

 

616,337

 

Restricted Stock Units (service and performance condition)

 

 

359,146

 

 

 

296,513

 

 

 

452,179