Form 4: B&G Foods SVP Kristen A. Thompson Reports Stock Transactions
SEC Form 4 Filing
Kristen A. Thompson, SVP at B&G Foods, reports acquisition of restricted stock and disposal of shares to cover tax obligations.
Summary
- On March 25, 2024, Kristen A. Thompson, SVP at B&G Foods, acquired 7,644 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, 2025, March 25, 2026, and March 25, 2027.
- On the same day, Thompson disposed of 681 shares of common stock at a price of $11.36.
- This disposal was to satisfy tax withholding obligations upon the vesting of 1,716 shares of restricted stock on March 25, 2024.
- Following these transactions, Thompson beneficially owns 13,701 shares of B&G Foods common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the actions of company executives regarding their holdings in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/25/2021 | Date of original restricted stock grant related to tax withholding. |
| 03/24/2023 | Date of original restricted stock grant related to tax withholding. |
| 03/25/2024 | Date of stock acquisition and disposal. |
| 03/25/2025 | First vesting date of new restricted stock grant. |
| 03/25/2026 | Second vesting date of new restricted stock grant. |
| 03/25/2027 | Third vesting date of new restricted stock grant. |
| 03/27/2024 | Date of Form 4 filing. |
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