v3.26.1
Stock-Based Compensation
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Stock-Based Compensation Stock-Based Compensation
Refer to Note 13 to the Company's consolidated financial statements contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2025 for further details regarding the Company's equity plans.
The following table summarizes the stock option activity for the three months ended March 31, 2026 (in thousands, except year and per share amounts):
Number of
Options
Weighted-
Average
Exercise
Price Per
Share
Intrinsic
Value
Weighted-
Average
Remaining
Contractual
Term (in years)
Outstanding, December 31, 20251,676$2.67 $8,975 2.76
Exercised(476)1.46 
Forfeited— 
Expired(2)4.07 
Outstanding, March 31, 20261,198$3.15 $2,181 3.07
Exercisable, March 31, 20261,198$3.15 $2,181 3.07
The following table summarizes the RSU activity for the three months ended March 31, 2026 (in thousands, except per share amounts):
 
Number of RSUs
Weighted-
Average
Grant-Date
Fair Value
Outstanding, December 31, 20258,714$16.05 
Granted6767.92 
Vested(784)15.57 
Forfeited(140)15.43 
Outstanding, March 31, 20268,466$15.45 
The compensation expense related to the unvested portion of restricted stock units was approximately $106.6 million at March 31, 2026. The unvested portion of compensation expense for restricted stock units is expected to be recognized over a weighted-average period of 2.3 years.