Share-based Compensation (Tables)

9 Months Ended

Sep. 30, 2025

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Changes in the TRSUs for the nine months ended September 30, 2025 are set forth below:


		Weighted average
	Number of	fair value at grant
	TRSUs	date
Balance as of January 1, 2025	283,757	$	13.04
TRSUs granted during the nine months ended September 30, 2025	170,481	$	9.53
TRSUs vested during the nine months ended September 30, 2025	(216,425)	$	(8.13)
Balance as of September 30, 2025 (none of which are vested)	237,813	$	11.62

Schedule of cost related to non-vested awards expected to be recognized

The total cost related to non-vested TRSU awards expected to be recognized through 2028 is set forth below in thousands of U.S. Dollars:


Period		TOTAL
2025⁽¹⁾	$	403
2026		1,040
2027		443
2028		63
	$	1,949

(1)

Three-month period ending December 31, 2025

PRSUs

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule of changes in the Stocks

Changes in the PRSUs for the nine months ended September 30, 2025 are set forth below:


		No. of PRSUs
Balance as of January 1, 2025		86,607
PRSUs granted during the nine months ended September 30, 2025		51,537
PRSUs vested during the nine months ended September 30, 2025		—
Balance as of September 30, 2025 (none of which are vested)		138,144

Schedule of cost related to non-vested awards expected to be recognized

The total cost related to non-vested PRSU awards expected to be recognized through 2028 is set forth below in thousands of U.S. Dollars:


Period		TOTAL
2025⁽¹⁾	$	157
2026		471
2027		254
2028		36
	$	918

(1)

Three-month period ending December 31, 2025

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

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