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Stock-Based Compensation Plans | 3 Months Ended
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Mar. 31, 2026
Share-Based Payment Arrangement, Noncash Expense [Abstract] |
Stock-Based Compensation Plans | STOCK-BASED COMPENSATION PLANS
Restricted Stock Units |  | Number of Restricted Stock Units |  | Weighted Average Grant-Date Fair Value Per Share
Outstanding as of December 31, 2025 |  | 697,623 |  |  | $ | 443.27 |
Granted |  | 36,655 |  |  | 485.14
Settled |  | (39,007) |  |  | 484.64
Forfeited |  | (103,306) |  |  | 472.96
Outstanding as of March 31, 2026 |  | 591,965 |  |  | $ | 437.96 |
The forfeitures of unvested restricted stock units were primarily due to the retirements of our former Chief Executive Officer, our former Chief Analytics Officer, and our former Chief Sales Officer during the first quarter of 2026. Stock-based compensation expense consists of the following:
(In millions) |  | For the Three Months Ended March 31, |  |
|  | 2026 |  | 2025 |  |  |  |
Restricted stock units |  | $ | 10.8 |  |  | $ | 10.6 |  |  |  |  |
Stock options |  | 0.5 |  |  | 2.3 |  |  |  |  |
Total |  | $ | 11.3 |  |  | $ | 12.9 |  |  |  |  |
Under our Amended and Restated Incentive Compensation Plan, we may grant stock-based awards — including restricted stock, restricted stock units, and stock options — to team members, officers, directors, and contractors. Rather than providing annual rolling equity awards to our executive officers and senior leaders, we use a multi-year compensation program that grants a one-time equity award at the beginning of the compensation program period that is intended to incentivize recipients over the multi-year compensation period. Our current compensation program for executive officers and senior leaders consists primarily of one-time equity awards with a 10-year vesting period. Based on the stock-based awards that are currently outstanding, we expect to recognize future stock-based compensation expense as follows:
(In millions) |  |  |  |  |  |
Year |  | Total Projected Stock-Based Compensation Expense |  |  |  |
Remainder of 2026 |  | $ | 29.1 |  |  |  |  |
2027 |  | 32.7 |  |  |  |  |
2028 |  | 27.1 |  |  |  |  |
2029 |  | 22.7 |  |  |  |  |
2030 |  | 21.3 |  |  |  |  |
Thereafter |  | 83.2 |  |  |  |  |
Total |  | $ | 216.1 |  |  |  |  |

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