v3.26.1
Stock and Incentive Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of Stock Plan Activity

The following tables summarize the Stock Plan activity for the period presented:

 

 

 

Three Months Ended March 31, 2026

 

 

 

Performance
Units

 

 

Time-Vested
Units

 

Nonvested units, beginning of period

 

 

205,227

 

 

 

362,253

 

Granted

 

 

63,691

 

 

 

133,144

 

Adjustment for performance factor

 

 

43,619

 

 

 

 

Released from restriction

 

 

(110,712

)

 

 

(102,518

)

Forfeited

 

 

 

 

 

(1,631

)

Nonvested units, end of period

 

 

201,825

 

 

 

391,248

 

 

 

Compensation Expense for Awards and Units Under Stock Plan

The following table presents information regarding compensation expense for units under the Stock Plan for the periods presented ($ in thousands):

 

 

Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Performance units

 

$

392

 

 

$

493

 

Time-vested units

 

 

2,526

 

 

 

1,978

 

Total compensation expense

 

$

2,918

 

 

$

2,471