Stockholders’ Equity (Tables)

9 Months Ended

Sep. 30, 2026

Summary of Share-based Payment Arrangement, Option, Activity

The following table summarizes option activity under the plans:


	Options Outstanding			Weighted-Average Remaining Contract Term (in Years)	Aggregate Intrinsic Value (in Millions)
	Number of Shares	Weighted Average Exercise Price

Outstanding as of December 31, 2025	614,849	$	15.44	5.0	$	9.0
Granted	—	—			—
Exercised	(99,018)	15.06			1.2
Canceled/Expired	(5)	15.88			—
Outstanding as of September 30, 2026	515,826	15.51		4.8	$	7.9
Vested and exercisable as of September 30, 2026	515,826	$	15.51	4.8	$	7.9

Summary of Unvested Restricted Stock Units Roll Forward

The following table summarizes the RSU and PSU activity for the nine months ended September 30, 2026:


	Number of Shares	Weighted Average Grant-Date Fair Value per Share
Unvested and outstanding as of December 31, 2025	1,328,658	$	27.62
Granted	1,201,809	27.69
Released	(776,813)	26.52
Canceled and forfeited	(319,421)	29.01
Unvested and outstanding as of September 30, 2026	1,434,233	$	27.96

Summary of Share-based Payment Arrangement, Expensed and Capitalized, Amount

Total stock-based compensation expense, classified in the accompanying unaudited interim condensed consolidated statements of operations and comprehensive income (loss) was as follows:


	Three Months Ended September 30,				Nine Months Ended September 30,
	2026		2025		2026		2025
	(in millions)
Losses and loss adjustment expenses	$	0.2	$	0.3	$	0.6	$	0.9
Insurance related expenses	0.8		1.0		2.4		3.5
Technology and development expenses	1.2		1.3		3.9		4.3
Sales and marketing expenses	0.8		1.0		2.2		2.9
General and administrative expenses	3.3		3.4		10.3		11.0
Total stock-based compensation expense	$	6.3	$	7.0	$	19.4	$	22.6