Form 4: CALM VP Sales Receives Restricted Stock Grant

Cal-Maine Foods' VP of Sales, Scott Daniel Hull, received a grant of 784 restricted stock units and had 463 shares withheld for taxes.

Summary

• Scott Daniel Hull, Vice President Sales of Cal-Maine Foods Inc. (CALM), reported changes in his beneficial ownership.
• On January 12, 2026, Hull was granted 784 shares of common stock as time-vesting restricted stock, which will vest on the third anniversary of the grant date.
• On January 13, 2026, 463 shares of common stock were disposed of at a price of $72.44 per share to cover taxes due upon the vesting of restricted stock.
• Following these transactions, Hull directly beneficially owns 4,502 shares of common stock and indirectly owns 843 shares through a KSOP.

Sentiment

Score: 6

Explanation: The filing indicates a routine executive compensation event with a restricted stock grant, which is generally positive for aligning management interests, balanced by a standard tax-related share disposition.

Positives

• A grant of 784 shares of time-vesting restricted stock to a key executive, aligning management's interests with shareholders for long-term performance.

Negatives

• Disposition of 463 shares to cover tax obligations, which is a common and expected occurrence for restricted stock vesting.

Future Outlook

NA

Industry Context

This Form 4 filing details a routine executive compensation event and does not provide broader industry context or trends.

Related Party Transactions

• Grant of 784 shares of time-vesting restricted stock to Scott Daniel Hull, Vice President Sales, as part of executive compensation.

Stakeholder Impact

• Shareholders: The grant of restricted stock aligns the interests of a key executive with shareholders, potentially encouraging long-term performance. The tax-related disposition is a minor, routine event.
• Employees: Reflects standard executive compensation practices for executives.

Next Steps

• The granted restricted stock will vest on the third anniversary of the grant date (January 12, 2029).

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event involving a restricted stock grant and subsequent tax-related share disposition. While the grant aligns executive interests with shareholders, it is a standard occurrence and does not provide sufficient new information to warrant a change in investment recommendation based solely on this filing.

Keywords

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