Company: THS
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001320695-25-000107
Chunk: 57

Company: TreeHouse Foods, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 57
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 have elected to defer receipt of their awards until either their departure from the Board of Directors or a specified date beyond the first anniversary of the grant date.The following table summarizes the restricted stock unit activity during the nine months ended September 30, 2025: EmployeeRestrictedStock UnitsWeightedAverageGrant DateFair ValueNon-Employee DirectorRestrictedStock UnitsWeightedAverageGrant DateFair Value (In thousands) (In thousands) Nonvested, at December 31, 2024696 $38.82 62 $41.73 Granted580 30.82 54 22.29 Vested(315)38.15 (24)35.90 Forfeited(196)35.15 — — Nonvested, at September 30, 2025765 33.97 92 31.84 Earned and deferred, at September 30, 202538 45.41   Three Months EndedSeptember 30,Nine Months EndedSeptember 30, 2025202420252024 (In millions)(In millions)Fair value of vested restricted stock units$0.2 $0.4 $9.2 $10.2 Tax benefit recognized from vested restricted stock units0.1 0.1 1.6 1.7  Unrecognized compensation costs related to nonvested restricted stock units are approximately $19.9 million as of September 30, 2025 and will be recognized over a weighted average period of 1.9 years. The grant date fair value of the awards is equal to the Company's closing stock price on the grant date.

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TREEHOUSE FOODS, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Performance Units — Performance unit awards, which are granted to certain members of management, contain service, performance, and market conditions as described below.•For performance unit awards granted in 2022 through 2023, performance goals are set and measured annually with one-quarter of the units eligible to accrue for each year in the three-year performance period. Accrued shares are earned at the end of each performance period but remain subject to forfeiture until the third anniversary of the grant date.•For performance unit awards granted in 2024 and 2025, performance goals were established upfront and will be measured over a cumulative three-year performance period. The units will accrue each month, multiplied