Non-vested grants and activity for the period presented are as follows (in whole shares):


Non-vested grants as of December 31, 2025			586,101
Awarded			314,166
Vested			(212,849)
Forfeited			(4,452)
Non-vested grants as of September 30, 2026			682,966

For the three and nine months ended September 30, 2026, our stock compensation expense was $1.2 million and $3.7 million, respectively. For the three and nine months ended September 30, 2025, our stock compensation expense was $0.6 million and $2.1 million, respectively.

Non-vested restricted stock unit (“RSU”) grants will vest as follows (in whole shares):


Vesting Year						RSUs Vesting
2026						12,173
2027						459,273
2028						163,823
2029						47,697
						682,966

As of September 30, 2026, unrecognized stock compensation expense to be recognized over the respective vesting period is $5.9 million, and we had 1,782,203 RSUs available for future issuance. RSUs are not allocated earnings and losses as they are considered non-participating securities. Forfeitures are recognized as they occur.