v3.26.1
STOCK-BASED COMPENSATION
 3 Months Ended
Mar. 31, 2026
Share-Based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
Stock Plans

The Company's 2015 Long-Term Incentive Plan and 2021 Incentive Award Plan (together, “Stock Plans”) permit the grant of restricted stock units (“RSUs”), stock options, and other stock-based awards to employees, non-employees including directors, and consultants.

The following table summarizes the Company’s restricted stock unit activity during the three months ended March 31, 2026:

RSUs
Number of shares
 (in millions)		Weighted-average grant-date fair value
Outstanding at December 31, 202566 $12.49 
Granted51 $14.96 
Vested(19)$13.36 
Forfeited(1)$12.94 
Outstanding at March 31, 202697 $13.61 
1
Vested and expected to vest at March 31, 202697 $13.61 
1Amount does not recalculate due to the effects of rounding.

Stock option activity during the three months ended March 31, 2026 was not material.

As of March 31, 2026, the Company’s unrecognized stock-based compensation expense for unvested awards was approximately $1,671 million, which is expected to be recognized over a weighted-average period of 2.3 years for RSUs and 4.6 years for stock options.