v3.26.1
Share Plans
9 Months Ended
Jun. 26, 2026
Share Plans  
Share Plans

15. Share Plans

Share-based compensation expense, which was included in selling, general, and administrative expenses on the Condensed Consolidated Statements of Operations, was as follows:

For the

For the

Quarters Ended

Nine Months Ended

June 26,

June 27,

June 26,

June 27,

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

(in millions)

Share-based compensation expense

 

$

38

 

$

36

$

130

 

$

105

As of June 26, 2026, there was $166 million of unrecognized compensation expense related to share-based awards, which is expected to be recognized over a weighted-average period of 1.4 years.

During the quarter ended December 26, 2025, we granted the following share-based awards as part of our annual incentive plan grant:

Grant-Date

  ​ ​ ​

Shares

  ​ ​ ​

Fair Value

  ​ ​ ​

(in millions)

Share options

0.3

$

67.29

Restricted share awards

0.3

 

236.28

Performance share awards

0.1

236.28

As of June 26, 2026, we had 17 million shares available for issuance under the TE Connectivity plc 2024 Stock and Incentive Plan, amended and restated as of September 30, 2024.

Share-Based Compensation Assumptions

The assumptions we used in the Black-Scholes-Merton option pricing model for the options granted as part of our annual incentive plan grant during the quarter ended December 26, 2025 were as follows:

Expected share price volatility

  ​ ​ ​

 

27

%

  ​ ​ ​

Risk-free interest rate

 

3.9

%

Expected annual dividend per share

$

2.84

Expected life of options (in years)

 

5.5