Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2026

The following table presents information about the Company’s RSAs:


	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
(in thousands)	2026		2025		2026		2025
Compensation cost	$	1,644	$	1,466	$	4,766	$	4,268
Dividends declared on unvested RSAs	322		311		969		934
Fair value of shares vested during the period	—		—		5,175		3,779

The following table presents compensation cost recognized on the Company’s performance-based restricted stock units:


	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
(in thousands)	2026		2025		2026		2025
Compensation cost	$	1,248	$	1,022	$	3,551	$	2,838

The following table presents information about the Company’s restricted stock activity:


	For the Three Months Ended September 30,
	2026			2025
(in thousands, except per share amounts)	Number of Shares	Weighted Average Grant Date Fair Value per Share		Number of Shares	Weighted Average Grant Date Fair Value per Share
Unvested at beginning of period	1,099	$	16.44	1,071	$	15.69
Granted	1	22.40		1	16.24
Vested	—	—		—	—
Forfeited	—	—		(1)	16.85
Unvested at end of period	1,100	$	16.45	1,071	$	15.69


	For the Nine Months Ended September 30,
	2026			2025
(in thousands, except per share amounts)	Number of Shares	Weighted Average Grant Date Fair Value per Share		Number of Shares	Weighted Average Grant Date Fair Value per Share
Unvested at beginning of period	1,070	$	15.69	989	$	15.51
Granted	301	19.37		317	16.75
Vested	(266)	16.70		(227)	16.36
Forfeited	(5)	16.62		(8)	16.60
Unvested at end of period	1,100	$	16.45	1,071	$	15.69

The following table presents information about the Company’s performance-based restricted stock unit activity:


	For the Three Months Ended September 30,
	2026			2025
(in thousands, except per share amounts)	Number of Shares	Weighted Average Grant Date Fair Value per Share		Number of Shares	Weighted Average Grant Date Fair Value per Share
Unvested at beginning of period	704	$	21.12	606	$	20.13
Granted	—	—		—	—
Vested	—	—		—	—
Forfeited	—	—		—	—
Unvested at end of period	704	$	21.12	606	$	20.13


	For the Nine Months Ended September 30,
	2026			2025
(in thousands, except per share amounts)	Number of Shares	Weighted Average Grant Date Fair Value per Share		Number of Shares	Weighted Average Grant Date Fair Value per Share
Unvested at beginning of period	606	$	20.13	433	$	20.90
Granted	261	25.09		247	21.12
Vested	(163)	23.78		(74)	27.93
Forfeited	—	—		—	—
Unvested at end of period	704	$	21.12	606	$	20.13