v3.26.3
Stock-Based Compensation Plans (Tables)
 3 Months Ended
Aug. 29, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Option Activity
The following table summarizes the stock option activity for the three months ended August 29, 2026 (in thousands, except weighted-average exercise price):
Number of Options
Weighted-Average
Exercise Price
Awards outstanding at May 30, 20261,050$17.18 
Exercised— $— 
Forfeited— $— 
Expired(124)$17.51 
Awards outstanding at August 29, 2026926$17.13 
Exercisable at August 29, 2026926$17.13 
Vested and expected to vest at August 29, 2026 (1)
926$17.13 
(1)As of August 29, 2026, all outstanding options have vested, and there was no unrecognized compensation cost related to unvested and outstanding employee stock options.
Schedule of Unvested RSAs
The following table summarizes the activities for the RSAs for the three months ended August 29, 2026 (in thousands, except weighted-average grant-date fair value):
Shares
Weighted-Average
Grant-Date Fair Value
Unvested at May 30, 2026171$6.83 
Granted—$— 
Vested(7)$7.54 
Forfeited—$— 
Unvested as of August 29, 2026164$6.80 
Expected to vest as of August 29, 2026131$6.61 
Schedule of Unvested Restricted Stock Units Activity The following table summarizes the activities for the unvested stock units, including both equity-classified RSUs and liability-
classified stock units ("Stock Units"), for the three months ended August 29, 2026 (in thousands, except weighted-average grant-date fair value):
Equity-Classified RSUsLiability-Classified Stock UnitsTotal
SharesWeighted-Average Grant-Date Fair ValueSharesWeighted-Average Grant-Date Fair ValueSharesWeighted-Average Grant-Date Fair Value
Unvested at May 30, 20262,262$5.15 67 $7.50 2,329 $5.22 
Granted (1)
40 $4.45 3 $4.23 43 $4.43 
Vested(135)$9.44 (3)$4.23 (138)$9.33 
Forfeited(21)$4.78 —$— (21)$4.78 
Unvested as of August 29, 20262,146$5.01 67 $7.50 2,213 $5.09 
Expected to vest as of August 29, 20262,134$4.97 67 $7.50 2,201 $5.05 
(1)Dividend equivalents are included in the granted shares.
Schedule of Unvested Performance Stock Units Activity
The following table summarizes the activities for the unvested PSUs for the three months ended August 29, 2026 (in thousands, except weighted-average grant-date fair value):
Shares (1)
Weighted-Average
Grant-Date Fair Value
Unvested at May 30, 2026196$11.08 
Granted (2)
— $— 
Vested— $— 
Forfeited(102)$13.06 
Unvested as of August 29, 202694$8.93 
Expected to vest as of August 29, 202694$8.93 
(1)Shares are presented at the stated target, which represents the base number of shares that would vest. Actual shares that vest may be zero - 150% of the target based on the achievement of the specific company-wide performance targets.
(2)Dividend equivalents are included in the granted shares.