Time-based RSAs

PSAs

Shares

Weighted Average Fair Value

Shares

Weighted Average Fair Value

Shares unvested and outstanding, December 31, 2025

469,920

$

3.44

3,453,259

$

3.63

Canceled (1)

—

—

(680,000

)

3.54

Granted

14,829

4.40

680,000

3.95

Vested (2)

(176,329

)

3.61

(566,668

)

3.54

Forfeited (3)

(78,490

)

2.86

(1,474,478

)

3.64

Shares unvested and outstanding, March 31, 2026

229,930

$

3.57

1,412,113

$

3.83

(1) Canceled shares are the result of plan limitations and/or award design.

(2) Of vested shares, shares totaling 140,146 were withheld as payment of taxes for the three months ended March 31, 2026.

(3) Unvested shares are forfeited upon separation of service or due to not meeting performance condition(s).