Quarterly report [Sections 13 or 15(d)]

Equity Compensation (Tables)

v3.25.2
Equity Compensation (Tables)
 6 Months Ended
Jun. 28, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Restricted Stock Unit Activity
RSUs are subject to a vesting period between one and four years. RSU activity for the six month period ended June 28, 2025 is as follows:
(amounts in millions, except share and per share data)
 RSUs Weighted Average Grant Date Fair Value
Unvested, outstanding at December 28, 2024
 1,950,107  $ 13.13 
Granted 909,903  8.30 
Vested (564,603) 13.01 
Forfeited (45,844) 11.36 
Unvested, outstanding at June 28, 2025
 2,249,563  $ 11.25 
PSUs activity for the six month period ended June 28, 2025 is as follows:
(amounts in millions, except share and per share data) PSUs Weighted Average Grant Date Fair Value
Unvested, outstanding at December 28, 2024
 1,273,451  $ 9.85 
Granted 341,326  8.30 
Incremental units granted based on performance
 242,353  9.40 
Vested (484,708) 9.40 
Forfeited (33,411) 11.22 
Unvested, outstanding at June 28, 2025(1)
1,339,011  $ 9.50 
(1) This number includes 431,355 performance stock units, which are projected to payout at 0% due to performance results from previously-granted PSU awards.