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Equity-Based Compensation
3 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Equity-Based Compensation
9. Equity Based Compensation

Restricted Stock Awards

A summary of restricted stock activity for the three months ended June 30, 2024 is presented below:

Total
Unvested
Weighted-
Average
Grant-Date
Fair Value of
Award
March 31, 2024363,128 $80.34 
Vested(289)$82.72 
Forfeited(7,376)$78.55 
June 30, 2024355,463 $80.37 

As of June 30, 2024, total unrecognized compensation expense related to restricted stock was $24,789.

Performance Awards

A summary of performance award activity for the three months ended June 30, 2024 is presented below:
Total
Unvested
Weighted-
Average
Grant-Date
Fair Value of
Award
March 31, 2024489,150 $29.79 
Forfeited(13,044)$29.79 
June 30, 2024476,106 $29.79 

As of June 30, 2024, total estimated unrecognized expense related to the unvested performance awards was $9,102 and none of the performance awards had met their market price-based vesting condition.