How many shares of Moes Southwest Grill were forfeited or expired in 2023?

According to Moe's Southwest Grill's 2025 Franchise Disclosure Document, 39,323 shares were forfeited or expired in 2023. The weighted average exercise price for these shares was $161.73. This information is based on stock option activity for all plans for the fiscal year ended December 31, 2023.

For a prospective franchisee, this data point provides insight into the equity incentive structure within the parent company of Moe's Southwest Grill. Shares may be forfeited or expired for a variety of reasons, such as employees leaving the company or not meeting certain performance goals. The number of forfeited or expired shares can fluctuate from year to year, as seen by the change to 26,898 in 2024.

Understanding the stock compensation structure and the reasons behind share forfeitures or expirations can give a franchisee a better understanding of the financial health and employee retention strategies of Moe's Southwest Grill's parent company. It is important to note that this information pertains to the parent company's stock options and may not directly impact the operations of a Moe's Southwest Grill franchise. However, a stable and motivated management team at the parent company level can positively influence the support and resources available to franchisees.