v3.26.1
Share-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Awards ("RSAs") The following table provides a summary of stock awards for the six months ended June 30, 2026:
Number of Shares Weighted-Average
Grant Date
Fair Value
Unvested at January 1, 20261,253,844$13.47 
Granted1,039,01911.40 
Vested(681,501)13.29 
Forfeited(57,697)12.15 
Unvested at June 30, 20261,553,665$12.21 
Schedule of Performance Stock Units ("PSUs")
The following table provides a summary of PSUs for the six months ended June 30, 2026:
Number of Shares Weighted-Average
Grant Date
Fair Value
Unvested at January 1, 20261,866,254$15.63 
Granted1,458,77615.67 
Vested(1,165,826)19.96 
Forfeited(6,685)13.86 
Unvested at June 30, 20262,152,519$13.32 
Schedule of Grant Date Fair Values of Awards Using Monte Carlo Simulation Valuation Model
The grant date fair values and the corresponding compensation cost of the awards that are subject to the achievement of the TSR metric were determined using a Monte Carlo simulation valuation model with the following assumptions:
Expected volatility(1)
34.0 %
Dividend yield(2)
— 
Risk-free rate(3)
3.6 %
Expected term3 years
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(1)Estimated using a blended approach of historical and implied volatility. Historical volatility is based on the historical movement of the Company’s stock price for a period that corresponds to the expected terms of the PSUs.
(2)Dividends are assumed to be reinvested in shares of our common stock and dividends will not be paid unless shares vest.
(3)Based on the yields of U.S. Department of Treasury instruments with similar expected terms of the PSUs at the grant date of each award.