Quarterly report [Sections 13 or 15(d)]

Equity-Based Compensation - Nonvested Stock Units Activity (Details)

v3.25.3
Equity-Based Compensation - Nonvested Stock Units Activity (Details)
9 Months Ended
Sep. 30, 2025
$ / shares
shares
IPO RSUs  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested at beginning of period (in shares) 2,699,966
Granted (in shares) 0
Vested (in shares) (582,659)
Forfeited (in shares) (33,093)
Unvested at end of period (in shares) 2,084,214
Weighted Average Grant Date Fair Value  
Unvested at beginning of period (in dollars per share) | $ / shares $ 23.14
Granted (in dollars per share) | $ / shares 0
Vested (in dollars per share) | $ / shares 22.84
Forfeited (in dollars per share) | $ / shares 23.34
Unvested at end of period (in dollars per share) | $ / shares $ 23.22
Incentive RSUs  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested at beginning of period (in shares) 2,374,687
Granted (in shares) 623,300
Vested (in shares) (440,840)
Forfeited (in shares) (53,423)
Unvested at end of period (in shares) 2,503,724
Weighted Average Grant Date Fair Value  
Unvested at beginning of period (in dollars per share) | $ / shares $ 43.33
Granted (in dollars per share) | $ / shares 66.63
Vested (in dollars per share) | $ / shares 40.98
Forfeited (in dollars per share) | $ / shares 50.00
Unvested at end of period (in dollars per share) | $ / shares $ 49.40
Restricted Stock  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested at beginning of period (in shares) 413,820
Granted (in shares) 0
Vested (in shares) (401,928)
Forfeited (in shares) (1,233)
Unvested at end of period (in shares) 10,659
Weighted Average Grant Date Fair Value  
Unvested at beginning of period (in dollars per share) | $ / shares $ 21.15
Granted (in dollars per share) | $ / shares 0
Vested (in dollars per share) | $ / shares 21.15
Forfeited (in dollars per share) | $ / shares 21.15
Unvested at end of period (in dollars per share) | $ / shares $ 21.15
Restricted Common Units  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested at beginning of period (in shares) 135,991
Granted (in shares) 0
Vested (in shares) (115,684)
Forfeited (in shares) 0
Unvested at end of period (in shares) 20,307
Weighted Average Grant Date Fair Value  
Unvested at beginning of period (in dollars per share) | $ / shares $ 23.84
Granted (in dollars per share) | $ / shares 0
Vested (in dollars per share) | $ / shares 23.84
Forfeited (in dollars per share) | $ / shares 0
Unvested at end of period (in dollars per share) | $ / shares $ 23.84
Restricted LLC Units | IPO RLUs  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested at beginning of period (in shares) 1,293,538
Granted (in shares) 0
Vested (in shares) (154,592)
Forfeited (in shares) 0
Unvested at end of period (in shares) 1,138,946
Weighted Average Grant Date Fair Value  
Unvested at beginning of period (in dollars per share) | $ / shares $ 25.10
Granted (in dollars per share) | $ / shares 0
Vested (in dollars per share) | $ / shares 25.05
Forfeited (in dollars per share) | $ / shares 0
Unvested at end of period (in dollars per share) | $ / shares $ 25.10
Restricted LLC Units | Incentive RLUs  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested at beginning of period (in shares) 686,712
Granted (in shares) 0
Vested (in shares) (48,064)
Forfeited (in shares) 0
Unvested at end of period (in shares) 638,648
Weighted Average Grant Date Fair Value  
Unvested at beginning of period (in dollars per share) | $ / shares $ 44.30
Granted (in dollars per share) | $ / shares 0
Vested (in dollars per share) | $ / shares 36.44
Forfeited (in dollars per share) | $ / shares 0
Unvested at end of period (in dollars per share) | $ / shares $ 44.89
Reload Class C Incentive Units  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested at beginning of period (in shares) 952,595
Granted (in shares) 0
Vested (in shares) (476,293)
Forfeited (in shares) 0
Unvested at end of period (in shares) 476,302
Staking Class C Incentive Units  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested at beginning of period (in shares) 1,605,003
Granted (in shares) 0
Vested (in shares) (271,667)
Forfeited (in shares) 0
Unvested at end of period (in shares) 1,333,336
Class C Incentive Units  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested at beginning of period (in shares) 495,822
Granted (in shares) 0
Vested (in shares) (45,000)
Forfeited (in shares) 0
Unvested at end of period (in shares) 450,822
Weighted Average Grant Date Fair Value  
Unvested at beginning of period (in dollars per share) | $ / shares $ 36.80
Granted (in dollars per share) | $ / shares 0
Vested (in dollars per share) | $ / shares 34.13
Forfeited (in dollars per share) | $ / shares 0
Unvested at end of period (in dollars per share) | $ / shares $ 36.91
PSUs | PSUs  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested at beginning of period (in shares) 366,996
Granted (in shares) 1,367,329
Vested (in shares) 0
Forfeited (in shares) (31,361)
Unvested at end of period (in shares) 1,702,964
Weighted Average Grant Date Fair Value  
Unvested at beginning of period (in dollars per share) | $ / shares $ 27.99
Granted (in dollars per share) | $ / shares 27.46
Vested (in dollars per share) | $ / shares 0
Forfeited (in dollars per share) | $ / shares 25.09
Unvested at end of period (in dollars per share) | $ / shares $ 27.62
PLUs | PLUs  
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]  
Unvested at beginning of period (in shares) 487,218
Granted (in shares) 0
Vested (in shares) 0
Forfeited (in shares) 0
Unvested at end of period (in shares) 487,218
Weighted Average Grant Date Fair Value  
Unvested at beginning of period (in dollars per share) | $ / shares $ 24.40
Granted (in dollars per share) | $ / shares 0
Vested (in dollars per share) | $ / shares 0
Forfeited (in dollars per share) | $ / shares 0
Unvested at end of period (in dollars per share) | $ / shares $ 24.40