Annual report [Section 13 and 15(d), not S-K Item 405]

Stock-Based Compensation (Tables)

v3.26.1
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Awards, Activity
A summary of the RSA activity for 2025 and 2024 is as follows:

Number of Shares of Restricted Common Stock Awards(1)


Average Grant-Date Fair Value(1)
Unvested at December 31, 2023
135,701
$
23.60
Vested, unsettled
(111,344)
$
20.83
Unvested at December 31, 2024
24,357
$
36.27
Vested
(24,357)
$
36.27
Unvested and outstanding at December 31, 2025
$
Schedule of Restricted Stock Unit, Activity
A summary of the RSU activity for 2025 and 2024 is as follows:

Number of RSUs(1)
Average Grant-Date Fair Value(1)
Unvested at December 31, 2023
689,837
$
47.43
Granted
1,108,882
$
2.96
Forfeited
(139,621)
$
33.26
Vested
(432,790)
$
36.53
Unvested and outstanding at December 31, 2024
1,226,308
$
12.60
Granted
3,619,075
$
2.44
Forfeited
(348,131)
$
3.98
Vested
(1,632,177)
$
9.25
Unvested and outstanding at December 31, 2025
2,865,075
$
2.70