Share-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2026

Share-Based Payment Arrangement [Abstract]

Summary of Share-Based Compensation Activity

The following table summarizes the Company’s share-based compensation activity:


	Quarter ended June 30,				Six months ended June 30,
	2026		2025		2026		2025
	(in thousands)
Grants:
Restricted share units		9		—		330		199
Performance share units		—		—		287		168
		9		—		617		367
Grant date fair value:
Restricted share units	$	90	$	—	$	3,987	$	2,815
Performance share units		—		—		3,492		2,365
	$	90	$	—	$	7,479	$	5,180
Vestings:
Restricted share units		—		6		178		144
Performance share units (1)		—		—		101		91
		—		6		279		235
Forfeitures:
Restricted share units		—		—		1		—
Performance share units		—		—		1		—
		—		—		2		—
Compensation expense relating to share-based grants	$	1,544	$	838	$	2,643	$	1,801

(1)

The actual number of performance-based restricted share units (“RSUs”) that vested during the six months ended June 30, 2026 was approximately 79% of the 128,212 originally granted performance-based RSUs.

Summary of Restricted Share Units and Performance Share Units Expected to Vest


	June 30, 2026
	Restricted share units		Performance share units
Shares expected to vest:
Number of restricted shares units (in thousands)		441		437
Grant date average fair value per unit	$	12.67	$	12.84