v3.26.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2026
Stock-Based Compensation  
Schedule of stock option activity

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Stock Option

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Weighted Average

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Remaining

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Number of

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Weighted Average

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Contractual Life

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Aggregate

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Options

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Exercise Price

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(Years)

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Intrinsic Value

Outstanding as of December 31, 2025

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8,818

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$

17.36

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4.84

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$

22,078

Options granted

 

—

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—

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Options exercised

 

(270)

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5.19

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Options forfeited

 

(473)

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28.21

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Outstanding as of September 30, 2026

 

8,075

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$

17.14

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4.02

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$

26,607

Options expected to vest as of September 30, 2026

 

143

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$

25.51

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6.38

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$

—

Options exercisable as of September 30, 2026

 

7,932

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$

16.99

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3.97

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$

26,607

Schedule of restricted stock activity

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RSUs

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Number of

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Weighted Average

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Shares

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Grant Date Fair Value

Outstanding as of December 31, 2025

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9,191

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$

18.65

Granted

 

7,329

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10.41

Vested

 

(3,919)

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17.01

Forfeited

 

(1,237)

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16.11

Outstanding as of September 30, 2026

 

11,364

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$

14.17

Schedule of PSUs activity

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PSUs

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Weighted 

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Average Grant 

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Number of 

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Date Fair 

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Shares (1)

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Value

Outstanding as of December 31, 2025

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1,479

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$

19.52

Granted

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1,375

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12.94

Vested

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(460)

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16.70

Forfeited

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(137)

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18.84

Outstanding as of September 30, 2026

 

2,257

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$

16.13

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(1) For awards for which the performance period is complete, the number of outstanding PSUs is based on the actual shares that will vest upon completion of the service period. For awards for which the performance period is not yet complete, the number of outstanding PSUs is based on the participants earning 100% of their target PSUs.

Schedule of stock-based compensation expense

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Three Months Ended

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Nine Months Ended

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September 30, 

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September 30, 

(in thousands)

 

2026

 

2025

 

2026

 

2025

Product development

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$

9,679

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$

10,739

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$

29,198

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$

30,394

Sales, marketing and customer support

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7,692

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7,932

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22,404

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24,387

General and administrative

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7,717

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8,708

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23,260

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23,947

Total stock-based compensation

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$

25,088

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$

27,379

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$

74,862

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$

78,728

Performance share units (PSUs)  
Stock-Based Compensation  
Schedule of valuation assumptions

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2026

Risk‑free interest rate (percentage)

 

3.6

Expected dividend yield (percentage)

 

—

Expected volatility (percentage)

 

56.0