v3.24.3
STOCK-BASED COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-Based Compensation
A summary of the Company’s stock-based compensation, by category, is as follows:

Three Months Ended September 30,
Nine Months Ended September 30,
(in thousands)2024202320242023
Performance-based stock awards$6,437 $— $11,606 $— 
Service-based stock awards16,903 5,511 91,979 13,907 
Total stock-based compensation$23,340 $5,511 $103,585 $13,907 
Schedule of Service-Based RSU Activity
A summary of the Company’s service-based RSU activity for the nine months ended September 30, 2024, is as follows:

Number of RSUsWeighted Average Grant Date Fair Value
Nonvested at December 31, 2023
5,765,529 $9.40 
Granted6,990,136 18.02 
Forfeited(687,257)14.18 
Vested(4,003,552)15.29 
Nonvested at September 30, 2024
8,064,856 $13.54 
Schedule of Performance-Based RSU Activity
A summary of the Company’s PSU activity for the nine months ended September 30, 2024, is as follows:

Number of PSUsWeighted Average Grant Date Fair Value
Nonvested at December 31, 2023
— $— 
Granted2,807,118 14.33 
Nonvested at September 30, 2024
2,807,118 $14.33