| Schedule of Restricted Stock Activity |
The following tables summarize activity for the six months ended June 30, 2026 and 2025:
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Number of
Unvested
Restricted Stock Units |
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Weighted
Average
Grant Date
Fair Value |
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Number of
Unvested
Performance Vesting Restricted Stock Units |
|
Weighted
Average
Grant Date
Fair Value |
| Unvested shares as of January 1, 2026 |
143,666 |
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$ |
145.22 |
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|
183,181 |
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$ |
113.44 |
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Granted(1)
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64,627 |
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|
207.92 |
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|
109,133 |
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126.49 |
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| Vested |
(59,644) |
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137.05 |
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(148,381) |
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58.39 |
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Forfeited/canceled(2)
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(26,398) |
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|
180.52 |
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(65,889) |
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|
178.95 |
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| Unvested shares as of March 31, 2026 |
122,251 |
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$ |
174.73 |
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|
78,044 |
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$ |
181.04 |
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| Granted |
30,224 |
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187.12 |
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18,631 |
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|
142.47 |
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| Vested |
(19,137) |
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|
119.27 |
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— |
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— |
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| Forfeited/canceled |
(611) |
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191.91 |
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— |
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— |
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| Unvested shares as of June 30, 2026 |
132,727 |
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$ |
185.47 |
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96,675 |
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$ |
173.61 |
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_____________________
(1) The table includes the impacts of performance share units granted in a prior year that vested higher than 100% of target due to the Company's absolute TSR performance and RTSR performance compared to peers.
(2) The forfeited/canceled amounts include the forfeiture of unvested equity awards in connection with the departure of the Company’s former CEO, totaling 25,806 restricted stock units and 64,216 performance vesting restricted stock units.
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Number of
Unvested
Restricted Stock Units |
|
Weighted
Average
Grant Date
Fair Value |
|
Number of
Unvested
Performance Vesting Restricted Stock Units |
|
Weighted
Average
Grant Date
Fair Value |
| Unvested shares as of January 1, 2025 |
167,014 |
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$ |
111.29 |
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|
178,139 |
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$ |
92.06 |
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| Granted |
61,350 |
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|
169.80 |
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41,016 |
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165.39 |
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| Vested |
(40,011) |
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|
112.93 |
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— |
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— |
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| Forfeited/canceled |
(1,288) |
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|
126.93 |
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— |
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— |
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| Unvested shares as of March 31, 2025 |
187,065 |
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$ |
130.02 |
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219,155 |
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$ |
105.78 |
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Granted(1)
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10,511 |
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195.92 |
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|
35,974 |
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|
66.82 |
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| Vested |
(39,463) |
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|
104.36 |
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(71,948) |
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66.82 |
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| Forfeited/canceled |
(994) |
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144.69 |
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— |
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— |
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| Unvested shares as of June 30, 2025 |
157,119 |
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$ |
140.78 |
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183,181 |
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$ |
113.44 |
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_____________________
(1) The table includes the impacts of performance share units granted in a prior year that vested higher than 100% of target due to the Company's absolute TSR performance and RTSR performance compared to peers.
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| Schedule of Grant Date Fair Value of Awards Granted |
The table below summarizes the assumptions used in the Monte Carlo simulation to determine the grant date fair value of awards granted during the six months ended June 30, 2026 and 2025:
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| Grant date |
March 1, 2025 |
March 1, 2026 |
May 28, 2026 |
| Forecast period (years) |
3 |
3 |
3 |
| Risk-free interest rates |
3.99% |
3.39% |
4.04% |
| Implied equity volatility |
44.60% |
43.20% |
43.60% |
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