Form 4: B&G Foods Executive Jordan E. Greenberg Reports Stock Grant and Tax Withholding

Jordan E. Greenberg, EVP & President of Spices & Flavor at B&G Foods, reports acquisition of restricted stock and shares withheld for tax obligations.

Summary

• On March 25, 2025, Jordan E. Greenberg, EVP & President of Spices & Flavor at B&G Foods, acquired 30,940 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.
• Also on March 25, 2025, 4,127 shares of common stock were withheld by B&G Foods to cover tax obligations related to the vesting of restricted stock.
• Following these transactions, Greenberg directly owns 92,908 shares of B&G Foods common stock.

Sentiment

Score: 6

Explanation: The document reflects standard executive compensation practices, indicating a neutral sentiment.

Positives

• The grant of restricted stock aligns Greenberg's interests with those of B&G Foods shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Industry Context

Executive compensation packages often include restricted stock to incentivize performance and align executive interests with shareholder value.

Stakeholder Impact

• The stock grant aligns executive interests with shareholder value, potentially benefiting shareholders.
• Employees may view the executive compensation package as a positive sign of company commitment.

Key Dates

Keywords

B&G Foods, Jordan E. Greenberg, restricted stock, Form 4, insider trading, executive compensation, stock vesting, tax withholding