The 2019 Incentive Plan authorizes the issuance of up to a maximum of 15,885,000 RSUs. To preserve the value of outstanding awards, the number of RSUs that may be granted under this Plan is subject to adjustments from changes in capital structure. The Company issues new shares of common stock upon vesting of RSUs. Shares for vested RSUs are generally delivered to participants annually, net of shares withheld for taxes.

At November 24, 2024, 6,195,000 shares were available to be granted as RSUs, and the following awards were outstanding:

•2,280,000 time-based RSUs, which vest upon continued employment over specified periods and accelerate upon achievement of a long-service term;

•51,000 performance-based RSUs granted to executive officers, for which the performance targets have been met. The awards vest upon continued employment over specified periods of time and upon achievement of a long-service term; and

•70,000 performance-based RSUs granted to executive officers, subject to achievement of performance targets for 2025, as determined by the Compensation Committee of the Board of Directors after the end of the fiscal year. These awards are not included in the table below or in the amount of unrecognized compensation cost.


	Number of Units (in 000s)	Weighted-Average Grant Date Fair Value
Outstanding at September 1, 2024	2,799	$	463.24
Granted	1,025	883.78
Vested and delivered	(1,481)	557.85
Forfeited	(12)	502.86

Outstanding at November 24, 2024	2,331	$	534.69

The remaining unrecognized compensation cost related to RSUs unvested at November 24, 2024, was $1,277, and the weighted-average period over which this cost will be recognized is 1.8 years.

The following table summarizes stock-based compensation expense and the related tax benefits:


	12 Weeks Ended
	November 24, 2024		November 26, 2023
Stock-based compensation expense	$	463	$	444
Less recognized income tax benefits	101		95
Stock-based compensation expense, net	$	362	$	349