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10-K – 2026-03-12 – R41.htm

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Share-based Compensation (Tables)

12 Months Ended

Jan. 31, 2026

Share-Based Payment Arrangement, Noncash Expense [Abstract]
 

Share-Based Compensation Expense
The following table provides Share-based Compensation Expense included in the Consolidated Statements of Income for 2025, 2024 and 2023:

2025 2024 2023
  (in millions)
Costs of Goods Sold, Buying and Occupancy $ 9  $ 11  $ 13 
General, Administrative and Store Operating Expenses 22  29  30 
Total Share-based Compensation Expense $ 31  $ 40  $ 43 

Restricted Stock Units and Performance Share Units
The following table provides the Company’s restricted stock unit and performance share unit activity on a combined basis for the year ended January 31, 2026:

Number of
Shares Weighted-average
Grant Date Fair Value
  (in thousands)  
Unvested as of February 1, 2025
2,195  $ 41.69 
Granted 1,762  27.80 
Vested (904) 41.86 
Cancelled (638) 35.92 
Unvested as of January 31, 2026
2,415  $ 33.06 

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-Publisher FASB
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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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-SubTopic 10
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-Subparagraph (c)(2)
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