Stock Based Compensation (Tables)

12 Months Ended

Dec. 31, 2025

Share-Based Payment Arrangement [Abstract]

For the market-based RSUs granted, fair value is based on a Monte Carlo simulation model that assesses the probability of satisfying the market performance hurdles over the remainder of the performance period based on the Company’s historical common stock performance relative to the other companies within the FTSE Nareit Equity Shopping Centers Index as well as the following significant assumptions:


	Year Ended December 31,
Assumption	2025	2024	2023
Volatility	20.0% - 26.0%	23.0% - 28.0%	32.0% - 52.0%
Weighted average risk-free interest rate	4.24% - 4.24%	4.03% - 4.92%	3.79% - 5.18%
Weighted average common stock dividend yield	4.3% - 4.5%	4.4% - 4.7%	4.3% - 4.8%

Schedule of Share-Based Compensation, Restricted Stock Activity

Information with respect to RSUs for the years ended December 31, 2025, 2024, and 2023 are as follows (in thousands):


	Restricted Shares	Aggregate Intrinsic Value
Outstanding, December 31, 2022	2,267	$	52,471
Vested	(1,162)	(22,583)
Granted	1,137	25,316
Forfeited	(48)	(1,112)
Outstanding, December 31, 2023	2,194	54,092
Vested	(1,424)	(28,067)
Granted	1,367	29,055
Forfeited	(240)	(5,941)
Outstanding, December 31, 2024	1,897	49,139
Vested	(1,067)	(24,092)
Granted	1,019	23,777
Forfeited	(8)	(208)
Outstanding, December 31, 2025	1,841	$	48,616

Brixmor Property Group Inc. 10-K