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Share-based Compensation (Tables)
3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
Summary of RSU Activity The following table summarizes the RSU activity for the three months ended March 31, 2026:
RSUs
Weighted-average grant date fair value
Unvested as of beginning of period433,482$18.17
Granted531,623$17.26
Vested and settled(294,638)$18.65
Canceled/Forfeited(1,625)$17.23
Unvested as of end of period668,842$17.23
Schedule of Valuation Assumptions for PSUs
The grant-date fair value of the PSUs was estimated using a Monte Carlo simulation model, which reflects the probability of achieving various market-based outcomes and incorporates key assumptions such as expected volatility, risk-free interest rate, expected dividend yield and correlation with the peer group.
20262025
Expected volatility45.00%40.00%
Risk-free rate3.50%4.04%
Expected dividend yield—%—%
Correlation with peer group range
25.00% - 68.00%
45.00% - 68.00%
Summary of PSU Activity The following table summarizes the PSU activity for the three months ended March 31, 2026:
PSUs
Weighted-average grant date fair value
Unvested as of beginning of period426,582$22.20
Granted428,36332.04
Vested
Canceled/Forfeited
Unvested as of end of period854,945$27.13