The Company’s stock-based compensation plans are described in Note 11 - Stock-Based Compensation to its consolidated financial statements included in the 2025 Annual Report on Form 10-K.

During the six months ended June 30, 2026, the following stock-based awards were granted to directors, executive officers and other employees. All awards were granted under the 2019 Amended and Restated Long-Term Incentive Plan.


Type of Award	Quarter Awarded	Target Shares or Units	Weighted Average Grant Date Fair Value




Restricted Stock Units (1)	1st Quarter	522,980	$	31.64
	2nd Quarter	41,708	$	41.49


Performance Stock Units (2)	1st Quarter	525,474	$	31.65
	2nd Quarter	3,498	$	33.58

(1)Restricted Stock Units (“RSUs”) awarded to certain officers and employees during the first and second quarters of 2026 vest 50% after 24 months and an additional 25% on the third and fourth anniversaries of the grant date. Included in the second quarter RSUs are 31,931 units awarded to the Board of Directors for their annual fee, vesting one year from the date of the award. Upon vesting, the outstanding number of RSUs vested are converted into common stock.

(2)Performance Stock Units (“PSUs”) were awarded to certain executive officers and other employees during the first quarter of 2026 with a target of 381,000 shares and performance metrics tied to the Company’s revenue compounded annual growth rate (“CAGR”) from 2026 through 2028 and total shareholder return (“TSR”) relative to its peers (“Relative TSR”) with a payout ranging from 0% to 200% upon achievement of specific revenue CAGR and relative TSR goals (the “2026 CAGR TSR PSUs”). The 2026 CAGR TSR PSUs vest at the end of the three-year period upon determination of the results at the end of the performance period. PSUs were awarded to certain employees during the first and second quarters of 2026 with a target of 49,950 shares and performance metrics tied to the achievement of sales quota goals.

Non-cash stock-based compensation expense is included in the following line items on the Condensed Consolidated Statements of Operations as follows for the periods presented:


	Three Months Ended				Six Months Ended
(in thousands)	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
Costs of goods sold	$	1,209	$	710	$	2,129	$	700
Sales and marketing	2,004		1,314		3,561		1,898
Research and development	1,795		1,029		3,214		1,749
General and administrative	3,758		2,115		6,705		3,730
Total non-cash stock-based compensation expense	$	8,766	$	5,168	$	15,609	$	8,077