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Equity-Based Compensation (Tables)
6 Months Ended
Mar. 31, 2025
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, 2025 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Distribution Price per Share

 

Outstanding at September 30, 2024

 

 

107,000

 

 

$

14.66

 

Less: Forfeited

 

 

3,000

 

 

$

14.66

 

Outstanding at March 31, 2025

 

 

104,000

 

 

$

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, 2025 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Distribution Price per Share

 

Outstanding at September 30, 2024

 

 

3,714,000

 

 

$

8.50

 

Granted

 

 

704,000

 

 

$

16.92

 

Less: Vested

 

 

972,000

 

 

$

8.61

 

Less: Forfeited

 

 

85,000

 

 

$

9.94

 

Outstanding at March 31, 2025

 

 

3,361,000

 

 

$

10.20

 

Summary of Stock Options Activity

A summary of the Company’s stock option activity for the six month period ended March 31, 2025 is presented in the following table:

 

 

 

Shares

 

 

Weighted-Avg Exercise Price per Share

 

Outstanding at September 30, 2024

 

 

3,036,000

 

 

$

19.37

 

Less: Exercised

 

 

74,000

 

 

$

14.13

 

Less: Forfeited

 

 

278,000

 

 

$

22.08

 

Outstanding at March 31, 2025

 

 

2,684,000

 

 

$

19.23

 

Vested and exercisable at March 31, 2025

 

 

2,303,000

 

 

$

19.00

 

Expected to vest after March 31, 2025

 

 

381,000

 

 

$

20.64

 

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, 2025 is presented in the following table:

 

 

 

Shares*

 

 

Weighted-Avg Distribution Price per Share

 

Outstanding at September 30, 2024

 

 

1,114,000

 

 

$

7.40

 

Granted

 

 

281,000

 

 

$

17.33

 

Less: Forfeited

 

 

3,000

 

 

$

7.48

 

Outstanding at March 31, 2025

 

 

1,392,000

 

 

$

9.40

 

* Awards above presented assuming 100% attainment