v3.26.1
Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Unvested Restricted Stock Activity
The following table sets forth the Company's unvested RSU activity for the six months ended June 30,:
20262025
Number of Unvested Shares of RSUsWeighted Average Grant Date Fair Value Per ShareNumber of Unvested Shares of RSUsWeighted Average Grant Date Fair Value Per Share
Balance at January 1,68,336$15.34 68,258$16.39 
Granted54,303$15.46 55,233$15.54 
Forfeited—$— (14,828)$15.88 
Vested(47,436)
(1)
$14.84 (40,327)
(2)
$17.21 
Balance at June 30,75,203$15.65 68,336$15.34 
(1) Vested shares are reported gross and include 8,059 shares withheld to satisfy tax and other compensation related withholdings associated with the vested RSUs issued under the Plan.
(2) Vested shares are reported gross and include 8,588 shares withheld to satisfy tax and other compensation related withholdings associated with the vested RSUs issued under the Plan.
Schedule of Vested Restricted Stock Activity
The following table sets forth the Company's vested RSU activity for the six months ended June 30,:
20262025
Number of Vested Shares of RSUsWeighted Average Grant Date Fair Value Per ShareNumber of Vested Shares of RSUsWeighted Average Grant Date Fair Value Per Share
Balance at January 1, 76,930 $17.98 68,253 $17.62 
Vested
(1)
47,436 $14.84 40,327 $17.21 
Converted(12,292)$15.42 (23,062)$16.77 
Shares Withheld
(2)
(8,059)$15.42 (8,588)$14.76 
Balance at June 30,104,015 $17.05 76,930 $17.98 
(1) Represents the gross number of RSUs vested and includes shares withheld to satisfy tax and other compensation related withholdings associated with the vested RSUs issued under the Plan.
(2) Represents shares withheld to satisfy tax and other compensation related withholdings associated with the vested RSUs issued under the Plan.
Schedule of Unvested Performance Stock Activity
The following table presents the PSU activity for the six months ended June 30,:
20262025
Number of Unvested Shares of PSUsWeighted Average Grant Date Fair Value Per ShareNumber of Unvested Shares of PSUsWeighted Average Grant Date Fair Value Per Share
Balance at January 1,106,008$14.03 154,087$16.98 
Granted33,729$18.55 54,688$12.79 
Issued(29,016)
(1)
$11.23 (42,548)
(2)
$24.00 
Forfeited— $— (52,737)$13.73 
Balance at June 30,110,721$16.14 113,490$13.84 
(1) Represents the gross number of PSU's issued and includes 13,236 shares withheld to satisfy tax and other compensation related withholdings associated with the PSU's issued under the Plan.
(2) Represents the gross number of PSU's issued and includes 13,493 shares withheld to satisfy tax and other compensation related withholdings associated with the PSU's issued under the Plan.
The following table outlines the grant date fair values and performance periods of the Company's outstanding PSU awards as of June 30, 2026:
Performance PeriodGrant Date Fair ValueMinimum number of PSUs to be IssuedMaximum number of PSUs to be Issued
January 1, 2024-December 31, 2026$17.30—78,262
January 1, 2025-December 31, 2027$12.79—75,722
January 1, 2026-December 31, 2028$18.55—67,458