v3.26.1
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Activity in Time-Based RSAs and PSAs

The following table presents the activity in time-based RSAs and PSAs as of and for the periods stated.

 

 

Time-based RSAs

 

 

PSAs

 

 

 

Shares

 

 

Weighted Average Fair Value

 

 

Shares

 

 

Weighted Average Fair Value

 

Shares unvested and outstanding, December 31, 2025

 

 

469,920

 

 

$

3.44

 

 

 

3,453,259

 

 

$

3.62

 

Canceled (1)

 

 

 

 

 

 

 

 

(680,000

)

 

 

3.54

 

Granted

 

 

19,779

 

 

 

4.11

 

 

 

680,000

 

 

 

3.95

 

Vested (2)

 

 

(179,663

)

 

 

3.69

 

 

 

(566,668

)

 

 

3.54

 

Forfeited (3)

 

 

(108,219

)

 

 

2.97

 

 

 

(1,794,478

)

 

 

3.69

 

Shares unvested and outstanding, June 30, 2026

 

 

201,817

 

 

$

3.54

 

 

 

1,092,113

 

 

$

3.84

 

 

 

(1) Canceled shares were the result of plan limitations and/or award design.

 

(2) Of vested shares, shares totaling 141,149 were withheld as payment of taxes for the six months ended June 30, 2026.

 

(3) Unvested shares were forfeited upon separation of service or due to not meeting performance condition(s).