Equity-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2025

A summary of the status of the Company’s non-vested equity-based awards as of March 31, 2025 and a summary of

changes for the three months ended March 31, 2025, are presented below:


Unvested Shares	Performance- Vesting Restricted Stock Units	Weighted- Average Grant Date Fair Value	Restricted Stock Units	Weighted- Average Grant Date Fair Value	Unvested Common Shares	Weighted- Average Grant Date Fair Value
Balance, December 31, 2024	16,940,150	$25.41	13,966,488	$37.97	458,906	$39.35
Granted (1)	397,196	$34.42	4,463,972	$56.10	171,891	$56.33
Vested (2)	5,362,679	$30.83	1,664,507	$32.26	—	$—
Forfeited	359,053	$23.37	143,066	$39.65	—	$—
Balance, March 31, 2025	11,615,614	$23.28	16,622,887	$43.40	630,797	$43.63

(1)Includes shares reserved for issuance upon settlement of dividend-equivalent rights carried by certain restricted stock units concurrently

with the settlement of the restricted stock units for shares.

(2)Includes 2,835,354 shares that were retired in connection with the net share settlement of equity-based awards. The Company paid

$151.5 million of taxes related to the net share settlement of equity-based awards during the three months ended March 31, 2025, which

is included within financing activities in the condensed consolidated statements of cash flows.