The Company has stock-based compensation plans, which are more fully described in Note 9, Stock-Based Compensation Plans, to the consolidated financial statements included in the 2025 10-K. During the six months ended June 30, 2026, the Company granted restricted stock units subject to service condition (“RSUs”) and performance-based restricted stock units subject to service and performance conditions (“PSUs”).

The following table provides information about stock-based compensation expense by financial statement line item:


	Three Months Ended				Six Months Ended
	June 30, 2026		June 30, 2025		June 30, 2026		June 30, 2025
	(in thousands)
Operations, product, and technology	$	2,625	$	2,306	$	5,059	$	4,951
Marketing	257		112		476		226
Sales, general, and administrative	3,043		2,082		5,893		4,843
Total stock-based compensation expense	$	5,925	$	4,500	$	11,428	$	10,020

Stock-based compensation expense capitalized in internal use software was not material for the three and six months ended June 30, 2026 and 2025.

The following table summarizes the activities for all stock options under the Company’s stock-based compensation plans for the six months ended June 30, 2026:


	Number of Options Outstanding	Weighted-Average Exercise Price Per Share		Weighted-Average Remaining Contractual Life	Aggregate Intrinsic Value (1)
	(in thousands)				(in thousands)
Outstanding as of December 31, 2025	9,411	$	2.16	3.30 years	$	39,825
Granted	—	$	—
Exercised	(837)	$	2.05
Forfeited or expired	(24)	$	3.26
Outstanding as of June 30, 2026	8,550	$	2.17	2.95 years	$	40,017
Exercisable as of June 30, 2026	8,550	$	2.17	2.95 years	$	40,017

(1) The intrinsic value is the amount by which the current market value of the underlying stock exceeds the exercise price of the stock awards.

As of June 30, 2026, there was no unrecognized compensation cost related to nonvested stock options.

The following table summarizes the activities for all RSUs and PSUs, under the Company’s stock-based compensation plans for the six months ended June 30, 2026:


	Number of Shares	Weighted-Average Grant Date Fair Value Per Share
	(in thousands)
Outstanding and nonvested as of December 31, 2025	8,930	$	3.78
Granted (1)	3,906	$	4.15
Vested	(3,288)	$	3.56
Forfeited	(360)	$	3.82
Outstanding and nonvested as of June 30, 2026	9,188	$	4.01

(1) Includes 869 thousand PSUs at target, with a weighted-average grant-date fair value of $3.39. Actual shares earned may range from 0% to 200% of target based on the achievement of applicable performance conditions.

As of June 30, 2026, the total unrecognized compensation cost related to all nonvested RSUs and PSUs was $34.4 million, of which $2.6 million was related to PSUs, and the related weighted-average period over which it is expected to be recognized was approximately two years.