Form 4: CALM VP Receives Restricted Stock Grant

Cal-Maine Foods' VP of Accounting, Matthew S. Glover, received a grant of 784 restricted shares, with some shares withheld for tax obligations.

Summary

• Matthew Samuel Glover, Vice President Accounting at CAL-MAINE FOODS INC (CALM), reported changes in his beneficial ownership.
• On January 12, 2026, Mr. Glover was granted 784 shares of common stock as time-vesting restricted stock.
• These restricted shares will vest on the third anniversary of the grant date, which is January 12, 2029.
• On January 13, 2026, 455 shares were withheld to cover taxes due upon the vesting of restricted stock, at a price of $72.44 per share.
• Following these transactions, Mr. Glover directly beneficially owns 4,934 shares of common stock.
• Additionally, Mr. Glover indirectly beneficially owns 791 shares of common stock through a KSOP (presumably a 401(k) or similar plan).

Sentiment

Score: 6

Explanation: The sentiment is slightly positive due to the grant of restricted stock, which serves as an incentive for the executive and aligns their interests with shareholders. The tax withholding is a standard, neutral event.

Positives

• Matthew S. Glover received a grant of 784 shares of time-vesting restricted stock, indicating ongoing compensation and alignment of interests with shareholders.

Negatives

• 455 shares were withheld to cover tax obligations related to the vesting of restricted stock, reducing the direct beneficial ownership.

Future Outlook

The 784 shares of restricted stock granted to Matthew S. Glover are scheduled to vest on January 12, 2029, which is the third anniversary of the grant date.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically a restricted stock grant and subsequent tax-related share withholding. It reflects standard executive compensation practices within publicly traded companies, including those in the agricultural or food production sector like Cal-Maine Foods. Such filings provide transparency into management's equity holdings and incentives but typically do not offer insights into broader industry trends or competitive dynamics.

Stakeholder Impact

• Shareholders: The grant of restricted stock aligns the interests of the Vice President Accounting with shareholders, potentially incentivizing long-term performance.
• Employees (specifically Matthew S. Glover): This transaction represents a component of his compensation package, increasing his equity stake in the company.

Next Steps

• The restricted stock granted on January 12, 2026, will vest on January 12, 2029.

Key Dates

Keywords

Cal-Maine Foods, CALM, SEC Form 4, Insider Transaction, Restricted Stock, Stock Grant, Executive Compensation, Beneficial Ownership