| Information Regarding Activity in Stock Option Plans |
Information regarding activity in our stock option plans follows:
| |
|
Number of Options
|
|
|
Weighted-Average Exercise Price Per Share
|
|
|
Outstanding at December 31, 2022
|
|
|
6,382,179 |
|
|
|
14.94 |
|
|
Granted - 2023
|
|
|
959,200 |
|
|
|
13.87 |
|
|
Exercised - 2023
|
|
|
(493,866 |
)
|
|
|
13.79 |
|
|
Forfeited - 2023
|
|
|
(379,288 |
)
|
|
|
15.29 |
|
|
Expired - 2023
|
|
|
(1,415,897 |
)
|
|
|
15.81 |
|
|
Outstanding at December 31, 2023
|
|
|
5,052,328 |
|
|
|
14.58 |
|
|
Granted - 2024
|
|
|
910,100 |
|
|
|
15.76 |
|
|
Exercised - 2024
|
|
|
(2,035,226 |
)
|
|
|
15.06 |
|
|
Forfeited - 2024
|
|
|
(211,400 |
)
|
|
|
14.19 |
|
|
Expired - 2024
|
|
|
(229,309 |
)
|
|
|
15.63 |
|
|
Outstanding at December 31, 2024
|
|
|
3,486,493 |
|
|
|
14.57 |
|
|
Granted - 2025
|
|
|
900 |
|
|
|
15.76 |
|
|
Exercised - 2025
|
|
|
(1,319,754 |
)
|
|
|
14.36 |
|
|
Forfeited - 2025
|
|
|
(83,800 |
)
|
|
|
14.53 |
|
|
Expired - 2025
|
|
|
(12,300 |
)
|
|
|
14.43 |
|
|
Outstanding at December 31, 2025
|
|
|
2,071,539 |
|
|
$
|
14.71 |
|
|
Exercisable at:
|
|
|
|
|
|
|
|
|
|
December 31, 2023
|
|
|
3,234,327 |
|
|
$
|
14.90 |
|
|
December 31, 2024
|
|
|
1,792,942 |
|
|
$
|
14.24 |
|
|
December 31, 2025
|
|
|
1,331,747 |
|
|
$
|
14.41 |
|
|
| Summary of Information about Stock Options Outstanding |
The following table summarizes information about stock options outstanding at December 31, 2025:
| Grant Date | | Exercise Price | | | Number of Options Outstanding | | Weighted-Average Remaining Contractual Life | | Number of Options Exercisable | | | December 16, 2021 | | | 14.39 | | | | 221,936 | | 1.0 years | | | 221,936 | | | December 15, 2022 | | | 14.09 | | | | 434,346 | | 2.0 years | | | 434,346 | | | December 21, 2023 | | | 13.87 | | | | 611,141 | | 3.0 years | | | 407,427 | | | December 19, 2024 | | | 15.76 | | | | 804,116 | | 4.0 years | | | 268,038 | | | | | Total | | | | 2,071,539 | | | | | 1,331,747 | |
|
| Summary of Plan Activity |
A summary of plan activity follows:
| |
|
Shares Issued
|
|
| |
|
Price
|
|
|
Shares
|
|
|
January 1, 2023
|
|
$
|
12.07 |
|
|
|
26,545 |
|
|
July 1, 2023
|
|
|
12.27 |
|
|
|
28,912 |
|
|
January 1, 2024
|
|
|
11.89 |
|
|
|
29,787 |
|
|
July 1, 2024
|
|
|
10.95 |
|
|
|
33,899 |
|
|
January 1, 2025
|
|
|
11.25 |
|
|
|
28,500 |
|
|
July 1, 2025
|
|
|
14.14 |
|
|
|
25,328 |
|
|