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Stockholders' Equity (Tables)
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Authorized and outstanding equity
APAM had the following authorized and outstanding equity as of December 31, 2024 and 2023, respectively:
Outstanding
AuthorizedDecember 31, 2024December 31, 2023
Voting Rights (1)
Economic Rights
Common shares
Class A, par value $0.01 per share
500,000,000 70,074,120 68,554,078 
1 vote per share
Proportionate
Class B, par value $0.01 per share
200,000,000 1,574,068 2,435,739 
1 vote per share
None
Class C, par value $0.01 per share
400,000,000 8,712,951 9,024,947 
1 vote per share
None
(1) The Company’s employees to whom Artisan has granted equity have entered into a stockholders agreement with respect to all shares of APAM common stock they have acquired from the Company and any shares they may acquire from the Company in the future, pursuant to which they granted an irrevocable voting proxy to a Stockholders Committee. As of December 31, 2024, Artisan’s employees held 5,166,152 restricted shares of Class A common stock and all 1,574,068 outstanding shares of Class B common stock, all of which were subject to the agreement.
Dividends Declared APAM declared and paid the following dividends per share during the years ended December 31, 2024, 2023 and 2022:
 For the Years Ended December 31,
Type of DividendClass of Stock202420232022
QuarterlyClass A Common$2.82 $2.31 $2.95 
Special AnnualClass A Common$0.34 $0.35 $0.72 
Schedule of Stock by Class
The following table summarizes APAM’s stock transactions for the years ended December 31, 2024, 2023 and 2022:
Total Stock Outstanding
Class A Common Stock(1)
Class B Common StockClass C Common Stock
Balance at January 1, 2022
79,035,069 66,699,872 3,206,580 9,128,617 
Holdings Common Unit Exchanges— 711,166 (622,696)(88,470)
Delivery of Shares Underlying RSUs and PSUs1,060 1,060 — — 
Restricted Share Award Grants787,372 787,372 — — 
Restricted Share Award Net Share Settlement(198,774)(198,774)— — 
Employee/Partner Terminations(18,671)(18,671)— — 
Balance at December 31, 2022
79,606,056 67,982,025 2,583,884 9,040,147 
Holdings Common Unit Exchanges— 163,345 (148,145)(15,200)
Delivery of Shares Underlying RSUs and PSUs100,043 100,043 — — 
Restricted Share Award Grants515,702 515,702 — — 
Restricted Share Award Net Share Settlement(187,287)(187,287)— — 
Employee/Partner Terminations(19,750)(19,750)— — 
Balance at December 31, 2023
80,014,764 68,554,078 2,435,739 9,024,947 
Holdings Common Unit Exchanges— 1,173,667 (758,667)(415,000)
Delivery of Shares Underlying RSUs and PSUs28,795 28,795 — — 
Restricted Share Award Grants502,774 502,774 — — 
Restricted Share Award Net Share Settlement(149,172)(149,172)— — 
Employee/Partner Terminations(36,022)(36,022)(103,004)103,004 
Balance at December 31, 2024
80,361,139 70,074,120 1,574,068 8,712,951 
(1) There were 395,965, 361,215, and 367,392 restricted stock units outstanding at December 31, 2024, 2023, and 2022, respectively. In addition, there were 176,192, 216,170, and 231,170 performance share units outstanding at December 31, 2024, 2023, and 2022, respectively. Based on the status of the market and performance conditions, the 176,192 unvested performance share units would ultimately result in the issuance of 224,162 shares of Class A common stock if all other vesting conditions were met. Restricted stock units and performance share units are not reflected in the table because they are not considered outstanding or issued stock.
Distributions Holdings’ partnership distributions for the years ended December 31, 2024, 2023 and 2022 were as follows:
 For the Years Ended December 31,
202420232022
Holdings Partnership Distributions to Limited Partners$48,918 $44,732 $57,199 
Holdings Partnership Distributions to APAM305,857 248,278 299,040 
Total Holdings Partnership Distributions$354,775 $293,010 $356,239