Form 4: B&G Foods Executive Andrew Vogel Reports Stock Grant and Tax Withholding

Sentiment:

SEC Form 4 Filing


Andrew Vogel, EVP and President of Meals at B&G Foods, reports the acquisition of restricted stock and shares withheld for tax obligations.

Summary

  • On March 25, 2025, Andrew Vogel, EVP and President of Meals at B&G Foods, acquired 27,560 shares of restricted stock.
  • These shares were granted under the B&G Foods, Inc. Omnibus Incentive Compensation Plan.
  • The restricted stock vests in three equal installments on March 25, 2026, March 25, 2027, and March 25, 2028.
  • On the same date, 3,641 shares of common stock were withheld by B&G Foods to cover tax obligations related to the vesting of restricted stock.
  • These shares were withheld at a price of $6.6.
  • Following these transactions, Vogel directly owns 60,983 shares of B&G Foods common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

  • The grant of restricted stock aligns Mr. Vogel's interests with those of the shareholders, incentivizing him to improve the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices at B&G Foods.

Stakeholder Impact

  • The stock grant aligns executive interests with shareholder value.

Key Dates

DateDescription
October 3, 2022Date of initial restricted stock issuance (referenced in explanation of responses).
March 24, 2023Date of subsequent restricted stock issuance (referenced in explanation of responses).
March 25, 2024Date of subsequent restricted stock issuance (referenced in explanation of responses).
March 25, 2025Date of stock grant and tax withholding.
March 25, 2026First vesting date for the reported restricted stock grant.
March 25, 2027Second vesting date for the reported restricted stock grant.
March 25, 2028Final vesting date for the reported restricted stock grant.
03/27/2025Date of Form 4 filing.

Keywords

B&G Foods, Andrew Vogel, restricted stock, Form 4, insider trading, stock grant, tax withholding, BGS, Omnibus Incentive Compensation Plan

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