What was the reported value of nonvested restricted stock units for Del Taco in 2023?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
pense** — The components of share-based compensation expense, included within "Selling, general, and administrative expenses" in our consolidated statements of earnings, in each fiscal year
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 58)
What This Means (2025 FDD)
According to Del Taco's 2025 Franchise Disclosure Document, the value of nonvested restricted stock units in 2023 was $7,598,000. This figure represents the value of stock units that had been granted to employees or executives but had not yet fully vested as of the end of fiscal year 2023.
For a prospective Del Taco franchisee, this information provides insight into the company's compensation structure and how it incentivizes its employees and executives. While franchisees are not directly involved in the equity compensation of Del Taco's corporate employees, understanding these financial details can offer a broader view of the company's overall financial health and management practices.
It's important to note that these nonvested restricted stock units are part of Del Taco's overall financial picture and can influence the company's decisions and strategies. Franchisees should consider these factors when evaluating the stability and long-term prospects of the Del Taco franchise system. The value of nonvested restricted stock units can fluctuate based on the company's performance and market conditions, which can impact employee morale and retention.