table_specific

What was the weighted-average grant date fair value of The Standardx's RSUs that were granted during 2024?

The_Standardx Franchise · 2025 FDD

Answer from 2025 FDD Document

tanding under the LTIP, including certain RSUs with a performance component, is presented below:

RSUs Weighted-average grant date fair value
Nonvested at December 31, 2023 1,140,535 $ 93.01
Granted 327,657 156.75
Vested (561,679) 86.81
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Source: Item 10 — OTHER ASSETS (FDD pages 132–156)

What This Means (2025 FDD)

According to The Standardx's 2025 Franchise Disclosure Document, the weighted-average grant date fair value of Restricted Stock Units (RSUs) granted in 2024 was $156.75. This valuation is a key component in understanding the potential compensation and equity-related benefits that employees or franchisees might receive as part of their agreement with The Standardx. The fair value is determined at the time the RSUs are granted, reflecting the market's assessment of the company's stock value and potential for future growth. This figure is important for accounting purposes, as it affects how The Standardx recognizes expenses related to these equity-based awards.

For a prospective franchisee, understanding the weighted-average grant date fair value of RSUs can provide insight into the overall compensation structure and potential long-term incentives offered by The Standardx. While franchisees may not directly receive RSUs, this information indicates the company's approach to incentivizing performance and aligning the interests of its stakeholders with the company's success. It also reflects the perceived value and growth potential of The Standardx as an organization.

Furthermore, the FDD provides additional context regarding RSUs, including the number of nonvested units at the beginning and end of 2024, the number of units granted, vested, or forfeited during the year, and their respective weighted-average grant date fair values. For instance, the weighted-average grant date fair value of RSUs that vested during 2024 was $86.81, while those forfeited or canceled had a value of $112.47. This detailed breakdown offers a comprehensive view of how The Standardx manages and distributes equity-based compensation, which can be a useful benchmark for evaluating the company's financial practices and commitment to its stakeholders.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.