The following table summarizes the Company’s stock awards granted for each of the periods indicated:


	For the Three Months Ended June 30,								For the Six Months Ended June 30,
	2026				2025				2026				2025
	Grants		Weighted Average Grant Date Fair Value		Grants		Weighted Average Grant Date Fair Value		Grants		Weighted Average Grant Date Fair Value		Grants			Weighted Average Grant Date Fair Value
Stock options		—		—		22,016	$	13.98		—		—		488,192		$	46.93
Restricted stock units		654,330	$	17.61		317,317	$	17.10		788,185	$	18.18		1,695,123		$	82.59
Performance stock units		—		—		—	$	—		—		—		120,378	(1)	$	99.69

(1) For the six months ended June 30, 2025, there were 120,378 shares granted with performance conditions which are related to the achievement of certain financial performance goals, regulatory development and approval of certain of the Company's product candidates and certain manufacturing achievements. As of June 30, 2026, none of the performance conditions were probable of being achieved.

For the three months ended June 30, 2026 and 2025, total stock-based compensation expense included in total expenses was $24.5 million and $37.0 million, respectively. For the six months ended June 30, 2026 and 2025, total stock-based compensation expense included in total expenses was $53.9 million and $78.5 million, respectively.


	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2026			2025			2026			2025
	(in thousands)
Stock options	$	4,978		$	11,689		$	12,074		$	24,578
Restricted and performance stock units		23,052			28,114			49,629			59,657
Employee stock purchase plan		—			1,815			—			3,939
Subtotal	$	28,030		$	41,618		$	61,703		$	88,174
Capitalized stock-based compensation costs		(3,558	)		(4,593	)		(7,832	)		(9,721	)
Total stock-based compensation expense included in expenses	$	24,472		$	37,025		$	53,871		$	78,453
Research and development		8,509			15,277			18,786			32,594
Selling, general and administrative		15,963			21,748			35,085			45,859
Total stock-based compensation expense included in expenses	$	24,472		$	37,025		$	53,871		$	78,453