Share-based compensation activity during year-to-date 2024 included the following:


SHARES IN THOUSANDS	GRANTED		VESTED
Restricted stock units (RSUs)		915		684
Performance share units (PSUs)		412		317

A total of 746 thousand shares of common stock were issued as a result of RSU and PSU vestings.

The weighted average fair value of the RSUs granted in 2024, calculated as an average of the high and low prices on grant date, was $32.92. The vesting provisions for RSUs granted in 2024 were consistent with prior year grants.

The weighted average grant date fair value of PSUs granted in 2024 was $37.90. The final number of shares granted in 2024 will vest between a range of 0 percent to 150 percent of each grant's target, depending upon actual company total shareholder return (TSR) compared against the TSR of an industry peer group. TSR assumes full reinvestment of dividends. PSUs granted in 2024 will vest at a maximum of 100 percent of target value in the event of negative absolute company TSR.

Weighted Average Assumptions Used in Estimating the Value of Performance Share Units Granted in 2024


		PERFORMANCE SHARE UNITS
Performance period		2/09/2024 – 12/31/2026
Valuation date closing stock price		$33.28
Risk-free rate		4.19% – 4.27%
Expected volatility		21.50% – 27.60%