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Equity-Based Compensation (Tables)
6 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Award Activity

A summary of the Company’s restricted stock award activity for the six month period ended March 31, 2024 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Distribution Price per Share

 

Outstanding at September 30, 2023

 

 

213,000

 

 

$

14.66

 

Less: Forfeited

 

 

75,000

 

 

$

14.66

 

Outstanding at March 31, 2024

 

 

138,000

 

 

$

14.66

 

Schedule of Restricted Stock Unit Activity

A summary of the Company’s restricted stock unit activity for the six month period ended March 31, 2024 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Distribution Price per Share

 

Outstanding at September 30, 2023

 

 

3,021,000

 

 

$

9.32

 

Granted

 

 

2,331,000

 

 

$

7.58

 

Less: Vested

 

 

1,150,000

 

 

$

9.86

 

Less: Forfeited

 

 

348,000

 

 

$

9.12

 

Outstanding at March 31, 2024

 

 

3,854,000

 

 

$

8.13

 

Summary of Stock Options Activity

A summary of the Company’s stock option activity for the six month period ended March 31, 2024 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Exercise Price per Share

 

Outstanding at September 30, 2023

 

 

4,449,000

 

 

$

19.06

 

Less: Forfeited

 

 

527,000

 

 

$

19.29

 

Outstanding at March 31, 2024

 

 

3,922,000

 

 

$

19.03

 

Vested and exercisable at March 31, 2024

 

 

3,330,000

 

 

$

18.98

 

Expected to vest after March 31, 2024

 

 

592,000

 

 

$

19.32

 

 

Summary of Company's Performance Stock Unit Activity

A summary of the Company’s performance stock unit activity for the six month period ended March 31, 2024 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Distribution Price per Share

 

Outstanding at September 30, 2023

 

 

512,000

 

 

$

7.48

 

Granted

 

 

918,000

 

 

$

7.35

 

Less: Forfeited

 

 

186,000

 

 

$

7.41

 

Outstanding at March 31, 2024

 

 

1,244,000

 

 

$

7.39