Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2025

Stockholders' Equity Note [Abstract]

Authorized and outstanding equity

APAM had the following authorized and outstanding equity as of March 31, 2025 and December 31, 2024:

Outstanding

Authorized

As of March 31, 2025

As of December 31, 2024

Voting Rights (1)

Economic Rights

Common shares

Class A, par value $0.01 per share

500,000,000

70,427,674

70,074,120

1 vote per share

Proportionate

Class B, par value $0.01 per share

200,000,000

1,221,063

1,574,068

1 vote per share

None

Class C, par value $0.01 per share

400,000,000

9,014,456

8,712,951

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 March 31, 2025, Artisan’s employees held 5,091,189 restricted shares of Class A common stock and all 1,221,063 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 three months ended March 31, 2025 and 2024:


Type of Dividend	Class of Stock	For the Three Months Ended March 31,
		2025		2024
Quarterly	Class A Common	$	0.84	$	0.68
Special Annual	Class A Common	$	0.50	$	0.34

Issuance (Cancellation) of Shares Disclosure

The following table summarizes APAM’s stock transactions for the three months ended March 31, 2025:


	Total Stock Outstanding	Class A Common Stock(1)	Class B Common Stock	Class C Common Stock
Balance at December 31, 2024	80,361,139	70,074,120	1,574,068	8,712,951
Holdings Common Unit Exchanges	—	51,500	(51,500)	—
Restricted Share Award Grants	429,511	429,511	—	—
Restricted Share Award Net Share Settlement	(177,850)	(177,850)	—	—
Delivery of Shares Underlying RSUs and PSUs	51,898	51,898	—	—
Employee/Partner Terminations	(1,505)	(1,505)	(301,505)	301,505
Balance at March 31, 2025	80,663,193	70,427,674	1,221,063	9,014,456

(1) There were 427,697 and 395,965 restricted stock units outstanding at March 31, 2025 and December 31, 2024, respectively. In addition, there were 152,207 and 176,192 performance share units outstanding at March 31, 2025 and December 31, 2024, respectively. All 152,207 performance share units outstanding as of March 31, 2025 have met the required performance conditions for vesting, but remain outstanding subject to a qualifying retirement vesting condition.

Schedule of Distributions made to General and Limited Partners

The distributions are recorded in the financial statements on the declaration date, or on the payment date in lieu of a declaration date. Holdings’ partnership distributions for the three months ended March 31, 2025 and 2024 were as follows:


	For the Three Months Ended March 31,
	2025		2024
Holdings Partnership Distributions to Limited Partners	$	6,378	$	4,116
Holdings Partnership Distributions to APAM	42,918		26,112
Total Holdings Partnership Distributions	$	49,296	$	30,228