How many of The Standardx's RSUs were nonvested at December 31, 2023?

According to The Standardx's 2025 Franchise Disclosure Document, at December 31, 2023, the number of nonvested RSUs (Restricted Stock Units) totaled 1,140,535. The weighted-average grant date fair value of these RSUs was $93.01. This information is part of a summary detailing the status of nonvested RSU awards outstanding under The Standardx's Long-Term Incentive Plan (LTIP). The table also provides additional context regarding the changes in RSU status over time. During the period, 327,657 RSUs were granted, 561,679 RSUs vested, and 32,834 RSUs were either forfeited or canceled.

This data is relevant for prospective franchisees as it provides insight into The Standardx's equity compensation structure and how the company incentivizes its employees and executives. Understanding the volume and value of nonvested RSUs can help franchisees assess the potential dilution of equity and the alignment of interests between management and shareholders. The vesting schedule and terms of these RSUs are important factors in evaluating the long-term commitment of key personnel.

The information presented in the table offers a snapshot of the movement in RSUs, showing how grants, vesting, and forfeitures impact the total number of nonvested units. By comparing the number of nonvested RSUs at different points in time, potential investors can gain a sense of the company's stock-based compensation practices and their potential impact on the company's financial statements. The Standardx also provides similar data for PSUs (Performance Stock Units), which are subject to performance-based vesting criteria, offering a more comprehensive view of its equity compensation strategy.