| Schedule of Activity for Unvested Restricted Share Awards and Employee Restricted Stock Units |
The following table summarizes the activity for unvested outstanding restricted share awards (“RSs”) during the three months ended March 31, 2026 and 2025:
| | | | | | | | | | | | | | | | | | | | | | | | | Performance RSs | | Service RSs | | | Number of
non-vested
restricted
shares | | Weighted
average
grant date
fair value | | Number of
non-vested
restricted
shares | | Weighted
average
grant date
fair value | | Balance at December 31, 2024 | 944,587 | | | $ | 9.87 | | | 191,556 | | | $ | 9.96 | | | Granted | — | | | — | | | — | | | — | | | Vested | (222,532) | | | 9.65 | | | (75,667) | | | 8.08 | | | Forfeited | (372,966) | | | 9.08 | | | (1,702) | | | 9.85 | | | Balance at March 31, 2025 | 349,089 | | | $ | 10.87 | | | 114,187 | | | $ | 11.20 | | | | | | | | | | | Balance at December 31, 2025 | 347,581 | | | $ | 10.87 | | | 111,248 | | | $ | 11.45 | | | Granted | — | | | — | | | — | | | — | | | Vested | (290,647) | | | 10.87 | | | (29,364) | | | 9.85 | | | Forfeited | (56,934) | | | 10.87 | | | — | | | — | | | Balance at March 31, 2026 | — | | | $ | — | | | 81,884 | | | $ | 12.03 | |
The following table summarizes the activity for unvested outstanding restricted stock units (“RSUs”) during the three months ended March 31, 2026 and 2025: | | | | | | | | | | | | | | | | | | | | | | | | | Performance RSUs | | Service RSUs | | | Number of
non-vested
RSUs | | Weighted
average
grant date
fair value | | Number of
non-vested
RSUs | | Weighted
average
grant date
fair value | | Balance at December 31, 2024 | 403,526 | | | $ | 10.43 | | | 149,834 | | | $ | 11.14 | | | Granted | 185,551 | | | 13.16 | | | 149,435 | | | 13.16 | | | Vested | (38,752) | | | 6.82 | | | (62,041) | | | 10.46 | | | Forfeited | (54,048) | | | 7.06 | | | (3,534) | | | 11.85 | | | Balance at March 31, 2025 | 496,277 | | | $ | 12.10 | | | 233,694 | | | $ | 12.60 | | | | | | | | | | | Balance at December 31, 2025 | 490,823 | | | $ | 12.10 | | | 224,751 | | | $ | 12.60 | | | Granted | 171,935 | | | 14.99 | | | 150,585 | | | 14.99 | | | Vested | (49,495) | | | 9.85 | | | (93,333) | | | 12.31 | | | Forfeited | (9,695) | | | 9.85 | | | — | | | — | | | Balance at March 31, 2026 | 603,568 | | | $ | 13.14 | | | 282,003 | | | $ | 13.98 | |
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