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

The following table summarizes restricted stock unit activity during the three months ended March 31, 2026:

 

 

 

Restricted Stock Units

 

 

 

Weighted average grant date fair value

 

 

Nonvested as of December 31, 2025

 

 

 

4,371,152

 

 

 

$

 

16.18

 

 

Granted (1)

 

 

 

7,108,209

 

 

 

$

 

7.41

 

 

Vested (2)

 

 

 

(209,046

)

 

 

$

 

8.85

 

 

Forfeited

 

 

 

(27,376

)

 

 

$

 

15.93

 

 

Performance adjustments (3)

 

 

 

(572,597

)

 

 

 

 

-

 

 

Nonvested as of March 31, 2026

 

 

 

10,670,342

 

 

 

$

 

10.31

 

 

(1)
Represents RSUs and PRSUs granted based on performance target achievement of 100%.
(2)
Represents the total number of shares vested during the period. Common shares issued, as presented within the unaudited condensed consolidated statement of shareholders' equity, are net of shares withheld for taxes. The total grant date fair value of units vested was $2,069.
(3)
Represents the adjustment to the number of PRSUs based on actual performance compared to targets