v3.26.1
EMPLOYEE BENEFIT PLANS (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Unit Activity
A summary of the status of the Company’s time-based vesting RSUs for the six months ended June 30, 2026 is as follows:
SharesGrant Date Fair Value
Unvested, January 1, 2026314,431 $28.74 
Awarded96,082 38.70 
Forfeited/Expired(5,771)28.75 
Vested(137,842)27.48 
Unvested and Expected to Vest, June 30, 2026266,900 $32.97 
A summary of the status of the Company’s performance-based vesting PSUs for the six months ended June 30, 2026 is as follows:
SharesGrant Date Fair Value
Unvested, January 1, 2026250,828 $26.20 
Performance Addition27,844 11.74 
Awarded64,184 42.57 
Forfeited/Expired(5,116)28.53 
Vested(83,523)19.57 
Unvested and Expected to Vest, June 30, 2026254,217 $30.88 
A summary of the status of the Company’s DSUs for the six months ended June 30, 2026 is as follows:
SharesGrant Date Fair Value
Unvested, January 1, 202616,304$29.87 
Deferred bonus 11,35738.52 
Employer match 11,35738.52 
Forfeited/Expired— 
Vested(32,705)34.82 
Unvested and Expected to Vest, June 30, 20266,313$31.76 
Vested and Unissued shares, June 30, 202649,009$33.57 
Compensation expense attributable to the employee RSUs, PRSUs, and DSUs is recorded in compensation and employee benefits expense in the Consolidated Statements of Income. Compensation expense attributable to director RSUs is recorded in other expenses in the Consolidated Statements of Income. The amounts for the three and six months ended June 30, 2026 and June 30, 2025 are as follows:
Three Months
Ended June 30,
Six Months Ended
June 30,
(In thousands)2026202520262025
RSUs and PRSUs
$1,625 $1,472 3,251 2,749 
DSUs
340 89 546 114 
Director RSUs175 159 380 294 
Total
$2,140 $1,720 $4,177 $3,157