v3.26.1
Share-based compensation
6 Months Ended
Jun. 30, 2026
Share-based compensation  
Share-based compensation

6.     Share-based Compensation

Time Restricted stock units (“TRSUs”)

Changes in the TRSUs for the six months ended June 30, 2026 are set forth below:

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Weighted average

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Number of

​

fair value at grant

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​

TRSUs

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date

Balance as of January 1, 2026

 

206,495

 

$

16.17

TRSUs granted during the six months ended June 30, 2026

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145,690

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$

16.74

TRSUs vested during the six months ended June 30, 2026

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(114,776)

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$

(14.60)

Balance as of June 30, 2026 (none of which are vested)

 

237,409

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$

13.56

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The total cost related to non-vested TRSU awards expected to be recognized through 2029 is set forth below in thousands of U.S. Dollars:

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Period

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TOTAL

2026(1)

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$

893

2027

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1,227

2028

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​

704

2029

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​

109

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$

2,933

(1)Six-month period ending December 31, 2026

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6.     Share-based Compensation (continued)

Performance-Based Restricted stock units (“PRSUs”)

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Changes in the PRSUs for the six months ended June 30, 2026 are set forth below:

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No. of PRSUs

Balance as of January 1, 2026

 

138,144

PRSUs granted during the six months ended June 30, 2026

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49,241

PRSUs vested during the six months ended June 30, 2026

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—

Balance as of June 30, 2026 (none of which are vested)

 

187,385

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The total cost related to non-vested PRSU awards expected to be recognized through 2029 is set forth below in thousands of U.S. Dollars:

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Period

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TOTAL

2026(1)

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$

362

2027

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571

2028

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388

2029

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60

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$

1,381

(1)Six-month period ending December 31, 2026