Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Compensation (Tables)

v3.24.3
Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2024
Stock-Based Compensation  
Schedule of RSU activity

    

RSUs

    

Weighted-Average Grant Date Fair Value

Outstanding at December 31, 2023

1,606,303

$

11.72

Granted

1,517,153

12.29

Forfeited

(64,505)

11.90

Vested (1)

(529,178)

11.61

Outstanding at September 30, 2024

2,529,773

$

12.08

(1) Includes 60,078 of awards that vested but have not yet been issued. For these awards, the requisite service period was met during the three months ended September 30, 2024, and the awardees elected to defer issuance until retirement. Compensation expense for these shares was previously recognized over the requisite service period.
Schedule of PSU activity

    

PSUs

    

Weighted-Average Grant Date Fair Value

Outstanding at December 31, 2023

404,993

$

13.06

Granted

281,527

29.38

Forfeited

(9,957)

14.23

Outstanding at September 30, 2024

676,563

$

19.83

Schedule of assumptions to estimate the fair value of PSUs

Assumptions

Risk-free Interest Rate

4.67%

Volatility Range

17.04% - 61.19%