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Share-based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Summary of Restricted Stock or Restricted Stock Unit Activity

Table 15.1 summarizes restricted stock or restricted stock unit (collectively called “restricted stock”) activity during 2023.

Restricted stock
Table			15.1
						Weighted Average Grant Date Fair Market Value						Shares
Restricted stock outstanding at December 31, 2022						$	14.02					3,576,679
Granted (1)						14.17						1,415,329
Vested						13.18						(1,263,746)
Forfeited						14.01						(545,471)
Restricted stock outstanding at December 31, 2023						$	13.89					3,182,791

(1) Approximately 67% of the shares granted in 2023 are subject to performance conditions under which the target number of shares granted may vest from 0% to 200%.

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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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