Form 4: Cracker Barrel Director Receives Annual RSU Award

Cracker Barrel Old Country Store, Inc. Director Jody L. Bilney was granted 5,390 shares of common stock as an annual RSU award.

Summary

• Jody L. Bilney, a Director of Cracker Barrel Old Country Store, Inc. (CBRL), acquired 5,390 shares of common stock.
• The acquisition occurred on November 20, 2025, at a price of $0.00 per share.
• This represents an annual award of time-based Restricted Stock Units (RSUs) issued to independent directors.
• The award is pursuant to the Company's 2020 Omnibus Incentive Compensation Plan.
• The 5,390 RSUs will cliff vest on November 20, 2026.
• Following this transaction, Jody L. Bilney beneficially owns 11,591 shares of common stock.

Sentiment

Score: 6

Explanation: The filing reports a routine, expected compensation event for a director, which is generally viewed as a neutral to slightly positive governance practice for aligning interests.

Positives

• The RSU award aligns the interests of Director Jody L. Bilney with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The award is part of a pre-existing 2020 Omnibus Incentive Compensation Plan, indicating a structured approach to director compensation.

Future Outlook

The awarded Restricted Stock Units are scheduled to cliff vest on November 20, 2026, at which point the director will fully own the shares.

Industry Context

This is a routine insider transaction related to director compensation, which is a standard practice across various industries to incentivize and retain board members.

Related Party Transactions

• The acquisition of 5,390 shares of common stock by Director Jody L. Bilney is a related party transaction, as it involves compensation from the company to a member of its board of directors.

Stakeholder Impact

• Shareholders: The RSU award represents a form of non-cash compensation that aligns the director's interests with shareholder value, though it may result in minor future dilution upon vesting.
• Employees: No direct impact on employees is indicated by this filing.

Next Steps

• The 5,390 Restricted Stock Units will vest on November 20, 2026.

Key Dates

Keywords

Cracker Barrel, CBRL, Form 4, Insider Transaction, RSU Award, Director Compensation, Equity Grant, Beneficial Ownership