
		Three Months Ended September 30,				Nine Months Ended September 30,
(Dollars and shares in thousands)		2026		2025		2026		2025
Stock-based awards, beginning of period		1,608		1,455		1,518		1,560
	Stock in lieu of compensation	60		64		143		153
	Stock awards	39		44		142		158
	Total stock granted	99		108		285		311
	Vested shares	(57)		(43)		(152)		(349)
	Forfeited shares	(3)		(2)		(4)		(4)
Stock-based awards, end of period		1,647		1,518		1,647		1,518
Amortization expense (1)		$	1,594	$	2,081	$	6,212	$	11,285
______________
(1) Amortization expense for the nine months ended September 30, 2025 included accelerated amortization totaling $4.4 million related to the termination of a former executive officer.

A summary of the Company's restricted stock unit (RSU) activity during the three and nine months ended September 30, 2026 and 2025, respectively, is included in the table below, as well as compensation expense recognized from the amortization of the value of RSUs over the applicable amortization periods.


		Three Months Ended September 30,				Nine Months Ended September 30,
(Dollars and RSUs in thousands)		2026		2025		2026		2025
Restricted Stock Units, beginning of period		97		95		205		123
	Absolute TSR Performance-based RSUs granted (1)	29		36		29		36
	Relative TSR Performance-based RSUs granted (1)	29		35		29		35
	Time-based RSUs granted (2)	34		39		34		39
	Total RSUs granted	92		110		92		110
	Vested RSUs	—		—		(22)		(28)
	Forfeited RSUs(3)	—		—		(86)		—
Restricted Stock Units, end of period		189		205		189		205
Amortization expense(4)		$	309	$	384	$	1,180	$	1,012
______________
(1) The number of performance-based RSUs granted were based on target levels. These RSUs will vest or be forfeited based on the performance level achieved at the end of the respective three-year performance period on June 30, 2028 and 2029.
(2) The number of time-based RSUs granted were based on target levels and vest ratably on June 30 of each year of the respective three-year periods ending June 30, 2028 and 2029, provided the recipient remains continuously employed by the Company on each such date.
(3) RSUs with a three-year performance period ended June 30, 2026 did not meet required performance levels and were forfeited.
(4) Amortization expense of RSUs for the nine months ended September 30, 2025 includes accelerated amortization totaling $0.2 million related to the termination of a former executive officer.