Company: THS
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001320695-25-000089
Chunk: 39

Company: TreeHouse Foods, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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 on the third anniversary of the grant date, and expire ten years from the grant date. Stock options are generally only granted to employees and non-employee directors.The following table summarizes stock option activity during 2025:EmployeeOptionsWeightedAverageExercisePriceWeightedAverageRemainingContractualTerm (yrs.)AggregateIntrinsicValue(In thousands)(In millions)Outstanding, at December 31, 2024473 $61.46 4.7$— Expired(12)88.15 Outstanding, at March 31, 2025461 60.79 4.7— Vested/expected to vest, at March 31, 2025175 42.69 7.1— Exercisable, at March 31, 2025294 72.40 3.2— Unrecognized compensation costs related to nonvested options totaled $0.2 million at March 31, 2025 and are expected to be recognized over a weighted average period of 0.2 years.Restricted Stock Units — Employee restricted stock unit awards generally vest based on the passage of time in approximately three equal installments on each of the first three anniversaries of the grant date.Non-employee director restricted stock units generally vest on the first anniversary of the grant date. Certain non-employee directors 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 three months ended March 31, 2025: EmployeeRestrictedStock UnitsWeightedAverageGrant DateFair ValueNon-Employee DirectorRestrictedStock UnitsWeightedAverageGrant DateFair Value (In thousands) (In thousands) Nonvested, at December 31, 2024696 $38.82 62 $41.73 Granted562 31.17 — — Vested(300)37.96 — — Forfeited(5)37.70 — — Nonvested, at March 31, 2025953 34.58 62 41.73 Earned and deferred, at March 31, 202528 48.62   Three Months EndedMarch 31, 20252024 (In millions)Fair value of vested restricted stock units$8.3 $8.8 Tax benefit recognized from vested restricted stock units