v3.26.3
Share-based Compensation (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of RSUs Activity The following table presents a summary of RSU activity for the six months ended June 30, 2026:
 
     
(in thousands, except per share amounts)    Restricted
stock units		     Weighted average
price on the date
of grant		  
Balance as of January 1, 2026
      —     $ —  
Converted at IPO
      1,204       15.89  
Post-IPO grant
      355       18.68  
Vested upon the consummation of the IPO (a)
      (924 )      14.57  
  
 
 
  
Balance as of June 30, 2026
      635       19.37  
 
  
 
(a).   During the three and six months ended June 30, 2026, the total grant date fair value of restricted stock unit awards that vested was $13.5 million.
Summary of PSUs Activity The following table presents a summary of PSU activity for the six months ended June 30, 2026:
 
     
(in thousands, except per share amounts)
   
Performance
share units
    
Weighted average
price on the Date
of grant
  
Balance as of January 1, 2026
      —     $ —  
Converted at IPO
      520       18.40  
Post-IPO
Grant
      225       27.05  
Vested upon the consummation of the IPO
      (167 )      13.97  
  
 
 
  
Balance as of June 30, 2026
   
 
578
 
  
 
23.04
 
 
  
Schedule of PSU Awards Weighted Average Assumptions
The company estimated the fair value of PSU awards using the following weighted average assumptions:
 
   
     
June 30,
2026
  
Risk free interest rate
      4.15%  
Stock price volatility
      56.00%  
Contracted term in years
      3  
Expected dividend yield
      —  
Grant date price of HMH common stock
    $ 18.66