v3.25.4
Share-Based Awards (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions Assumptions used to calculate the grant date fair value of the performance shares with a relative TSR market condition and the aspirational performance shares, by grant date, were as follows:
Performance Share Grants:
February 2025
February 2024
February 2023
Expected volatility39.1 %40.3 %53.9 %
Risk-free interest rate4.14 %4.18 %4.08 %
Aspirational Share Grants:
August 2022
Expected volatility54.5 %
Risk-free interest rate3.23 %
Schedule of Restricted Stock Units and Performance Shares Settled in Stock Transactions
The activity for these awards for the year ended December 31, 2025 was as follows (in thousands, except for per share amounts):
Shares & UnitsWeighted-Average Fair Value Per Share
Nonvested, beginning of period3,974 $27 
Granted1,642 $27 
Vested(598)$40 
Forfeited(2,777)$22 
Nonvested, end of period2,241 $30 
Schedule of Restricted Stock Units and Performance Shares Settled in Cash Transactions The activity for these awards for the year ended December 31, 2025 was as follows (in thousands, except for per share amounts):
UnitsWeighted-Average Fair Value Per Share
Nonvested, beginning of period200 $32 
Granted145 $27 
Vested(98)$32 
Forfeited(19)$29 
Nonvested, end of period228 $21