The activity related to incentive equity awards granted by the Company to key employees and senior officers for the three months ended March 31, 2026, consisted of the following (in millions, except grant prices):


	Balance, December 31, 2025		Granted		Performance Adjustment (a)		Vested /Exercised (b)		Cancelled / Forfeited (c)		Balance, March 31, 2026
RSUs
Number of RSUs	1.7		0.7		—		(0.6)		—		1.8		(d)
Weighted average grant price	$	49.64	$	71.50	$	—	$	48.17	$	—	$	58.17

PSUs
Number of PSUs	0.9		0.3		(0.3)		(0.2)		—		0.7		(e)
Weighted average grant price	$	46.08	$	71.50	$	43.33	$	42.18	$	—	$	58.64





NQs
Number of NQs	0.9		—		—		(0.1)		—		0.8		(f)
Weighted average grant price	$	43.97	$	—	$	—	$	44.38	$	—	$	43.93

(a)Represents a reduction to shares awarded as the Company did not achieve the target performance metrics at the end of the associated performance period.

(b)Upon exercise of NQs and vesting of RSUs and PSUs, the Company issues new shares to participants.

(d)Aggregate unrecognized compensation expense related to RSUs was $93 million as of March 31, 2026, which is expected to be recognized over a weighted average period of 3.0 years.

(e)The aggregate unrecognized compensation expense related to PSUs was $42 million as of March 31, 2026, which is expected to be recognized over a weighted average period of 2.4 years.

(f)There were 0.8 million NQs which were exercisable as of March 31, 2026. These exercisable NQs will expire over a weighted average period of 4.0 years and carry a weighted average grant date fair value of $9.10. There was no unrecognized compensation expense for NQs as of March 31, 2026.