A summary of Holdings' restricted share activity for the six months ended June 30, 2026 is as follows:


	2026
	Time-Based
	Number of Shares	Weighted Average Grant Date Fair Value
	(In whole shares)
Outstanding - beginning of year	649,612	$	20.39
Granted(a)	26,030	31.90
Vested	(180,888)	18.78

Canceled or expired	(5,222)	20.91
Outstanding - end of period	489,532	$	21.59

Stock-based compensation is included in Selling, general and administrative expenses in the Condensed Consolidated Statements of Income. Total stock-based compensation expense was $1.4 million and $1.3 million for the three months ended

June 30, 2026 and 2025, respectively. Total stock-based compensation expense was $2.8 million for both the six months ended June 30, 2026 and 2025. As of June 30, 2026, there was $5.5 million of unrecognized compensation cost related to non-vested stock-based compensation, which is expected to be recognized over a weighted-average period of 1.5 years.