v3.25.2
Stockholders’ Equity
9 Months Ended
Jun. 29, 2025
Equity [Abstract]  
Stockholders’ Equity

Note 8 - Stockholders’ Equity

 

Dividends

 

No dividends were declared or paid during the three and nine months ended June 29, 2025 or the twelve months ended September 29, 2024.

 

Common Stock

 

During the three and nine months ended June 29, 2025 and June 30, 2024, there were zero common shares repurchased.

 

During the three and nine months ended June 30, 2024, the Company issued 20,426 and 101,718 shares to Danny Schoening and Karen Hawkins in settlement of 27,000 and 135,000 performance shares which vested during the three and nine months, respectively. The shares were issued net of 6,574 and 33,282 shares withheld for taxes.

 

During the three and nine months ended June 30, 2024, the Company issued 8,446 shares to ten employees in settlement of 12,000 restricted stock units, which vested during the three and nine months. The shares were issued net of 3,554 shares withheld for taxes.

 

During the three and nine months ended June 29, 2025, the Company issued 16,181 and 38,981 shares for vesting of restricted stock units as of May 1, 2025 and restricted shares issued to the three independent board members which will vest on January 1, 2026.

 

As of June 29, 2025, and September 29, 2024, the total outstanding common shares were 6,912,919 and 6,873,938, respectively.