 

Restricted Stock

 

Restricted Stock Units

 

Performance Stock Units

Weighted

Average Grant

Class A common stock:

Shares

 

Date Fair Value

Shares

 

Date Fair Value

Shares

Date Fair Value

Outstanding at December 31, 2023

1,708,354

$

5.66

601,248

$

11.30

767,054

$

19.43

Granted

179,028

17.59

313,382

17.39

315,941

28.72

Vested

(1,554,863)

5.17

(251,980)

12.19

—

Forfeited

(24,514)

13.41

(13,314)

12.01

(25,527)

19.88

Outstanding at December 31, 2024

308,005

$

14.42

649,336

$

13.88

1,057,468

$

22.19

Granted

355,192

9.78

732,730

9.80

775,823

15.13

Vested

(149,140)

14.34

(268,881)

13.23

(237,595)

*

22.21

Forfeited

(47,972)

13.40

(62,758)

11.65

(82,258)

19.06

Outstanding at December 31, 2025

466,085

$

11.17

1,050,427

$

11.33

1,513,438

*

$

18.74

Class B common stock:

Outstanding at December 31, 2023

341,683

120,241

153,404

Dividend of Class B awards to Class A holders

4,902

10,056

14,597

Dividend of Class B awards to Class B holders

877

1,969

3,519

Vested

(310,956)

(51,861)

—

Forfeited

(3,210)

(2,662)

(5,105)

Outstanding at December 31, 2024

33,296

77,743

166,415

Dividend of Class B awards to Class A holders

4,719

12,146

24,955

Dividend of Class B awards to Class B holders

389

882

5,311

Vested

(12,636)

(38,093)

(48,446)

**

Forfeited

(1,105)

—

Outstanding at December 31, 2025

24,663

52,678

148,235

**

* Does not include the attainment of approximately 504 thousand Class A common shares to be issued for PSUs with the evaluation period ending on December 31, 2025.

** Does not include the attainment of approximately 101 thousand Class B common shares to be issued for PSUs with an evaluation period ending on December 31, 2025.