Quarterly report [Sections 13 or 15(d)]

Equity Compensation (Tables)

v3.25.3
Equity Compensation (Tables)
 9 Months Ended
Sep. 27, 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 nine month period ended September 27, 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  $ 13.10 
Granted 1,018,795  8.44 
Vested (607,831) 12.90 
Forfeited (154,402) 10.01 
Unvested, outstanding at September 27, 2025
 2,206,669  $ 11.25 
PSUs activity for the nine month period ended September 27, 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 390,136  8.84 
Incremental units granted based on performance
 242,353  9.40 
Vested (484,708) 9.40 
Forfeited (33,411) 11.22 
Unvested, outstanding at September 27, 2025(1)
1,387,821  $ 9.61 
This number includes 431,355 performance stock units, which are projected to payout at 0% due to performance results from previously-granted PSU awards.