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Common Stock
9 Months Ended
Sep. 30, 2023
Common Stock  
Common Stock

Note 13 Common Stock

The Company had 37,739,776 and 37,608,519 shares of Class A common stock outstanding at September 30, 2023 and December 31, 2022, respectively. Additionally, the Company had 263,075 and 165,137 shares outstanding at September 30, 2023 and December 31, 2022, respectively, of restricted Class A common stock issued but not yet vested under the 2023 Omnibus Incentive Plan that are not included in shares outstanding until such time that they are vested; however, these shares do have voting and certain dividend rights during the vesting period.

On May 9, 2023, the Company’s Board of Directors authorized a new program to repurchase up to $50.0 million of the Company’s stock from time to time in either the open market or through privately negotiated transactions. The remaining authorization under the current program as of September 30, 2023 was $50.0 million.