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Equity-Based Compensation (Tables)
9 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Award Activity

A summary of the Company’s restricted stock award activity for the nine month period ended June 30, 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

 

 

88,000

 

 

$

14.66

 

Outstanding at June 30, 2024

 

 

125,000

 

 

$

14.66

 

Schedule of Restricted Stock Unit Activity

A summary of the Company’s restricted stock unit activity for the nine month period ended June 30, 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

 

 

2,584,000

 

 

$

8.00

 

Less: Vested

 

 

1,285,000

 

 

$

9.67

 

Less: Forfeited

 

 

617,000

 

 

$

8.81

 

Outstanding at June 30, 2024

 

 

3,703,000

 

 

$

8.37

 

Summary of Stock Options Activity

A summary of the Company’s stock option activity for the nine month period ended June 30, 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: Exercised

 

 

38,000

 

 

$

13.66

 

Less: Forfeited

 

 

1,160,000

 

 

$

19.08

 

Outstanding at June 30, 2024

 

 

3,251,000

 

 

$

19.11

 

Vested and exercisable at June 30, 2024

 

 

2,731,000

 

 

$

19.05

 

Expected to vest after June 30, 2024

 

 

520,000

 

 

$

19.43

 

Summary of Company's Performance Stock Unit Activity

A summary of the Company’s performance stock unit activity for the nine month period ended June 30, 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

 

 

303,000

 

 

$

7.39

 

Outstanding at June 30, 2024

 

 

1,127,000

 

 

$

7.40