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Stock-Based Compensation Plans (Tables)
12 Months Ended
Sep. 30, 2024
Post Stock Settled  
Share-based Payment Award [Line Items]  
Stock Appreciation Rights, Activity
$ in millions, except price per share
SARs
Weighted-
Average
Exercise
Price Per Share
Weighted-
Average
Remaining
Contractual
Term in Years
Aggregate
Intrinsic
Value
Outstanding at September 30, 202351,898 $36.35 
Granted— 
Exercised(22,242)34.79 
Forfeited— 
Expired— 
Outstanding at September 30, 202429,656 37.53 0.63$2.3 
Vested and expected to vest as of September 30, 202429,656 37.53 0.632.3 
Exercisable at September 30, 202429,656 37.53 0.632.3 
Upon exercise of each SAR, the holder will receive the number of shares of Post common stock equal in value to the difference between the exercise price and the fair market value at the date of exercise, less all applicable taxes. The total intrinsic value of SARs exercised was $1.4, $1.9 and $3.0 during the years ended September 30, 2024, 2023 and 2022, respectively. There were no SARs granted during the years ended September 30, 2024, 2023 or 2022.
Restricted Stock Units, Activity
RSUs
Weighted-
Average
Grant Date Fair Value Per Share
Nonvested at September 30, 20231,060,232 $79.99 
Granted545,106 86.30 
Vested(564,416)76.13 
Forfeited(46,588)84.99 
Nonvested at September 30, 2024994,334 85.41 
Post Stock Options  
Share-based Payment Award [Line Items]  
Stock Options, Activity
$ in millions, except price per share
Stock Options
Weighted-
Average
Exercise
Price Per Share
Weighted-
Average
Remaining
Contractual
Term in Years
Aggregate
Intrinsic
Value
Outstanding at September 30, 2023748,708 $51.96 
Granted— — 
Exercised(397,627)46.64 
Forfeited— — 
Expired— — 
Outstanding at September 30, 2024351,081 57.99 3.61$20.3 
Vested and expected to vest as of September 30, 2024351,081 57.99 3.6120.3 
Exercisable at September 30, 2024351,081 57.99 3.6120.3 
Post Cash Settled  
Share-based Payment Award [Line Items]  
Restricted Stock Units, Activity
Cash RSUs
Weighted-
Average
Grant Date Fair Value Per Share
Nonvested at September 30, 202313,048 $34.68 
Granted1,910 106.28 
Vested(13,048)34.68 
Forfeited— — 
Nonvested at September 30, 20241,910 106.28 
Earnings-Based Restricted Stock Units  
Share-based Payment Award [Line Items]  
Performance-Based Restricted Stock Units
Earnings PRSUs
Weighted-
Average
Grant Date Fair Value Per Share
Nonvested at September 30, 2023259,542 $83.20 
Granted170,077 85.53 
Vested(191,131)80.09 
Forfeited(7,022)87.24 
Nonvested at September 30, 2024231,466 87.37 
Market-based performance shares  
Share-based Payment Award [Line Items]  
Performance-Based Restricted Stock Units
Market PRSUs
Weighted-
Average
Grant Date Fair Value Per Share
Nonvested at September 30, 2023494,105 $120.69 
Granted154,904 143.63 
Adjustment for performance achievement (a)
201,886 n/a
Vested(392,344)102.90 
Forfeited— — 
Nonvested at September 30, 2024458,551 135.83 
Performance RSU, Valuation Assumptions
202420232022
Expected term
3 years3 years3 years
Expected stock price volatility22.5%29.1%27.7%
Risk-free interest rate4.5%4.1%0.9%
Expected dividends0%0%0%
Fair value (per Market PRSU)$143.63$156.05$163.63