Form 4: Simply Good Foods Co: VP, Controller and CAO Timothy Allen Matthews Reports Acquisition and Disposal of Common Stock

Timothy Allen Matthews, VP, Controller and CAO of Simply Good Foods Co, reports acquiring 2,632 shares of common stock and disposing of 19,695 shares on February 1, 2025.

Summary

• On February 1, 2025, Timothy Allen Matthews, VP, Controller and CAO of Simply Good Foods Co, reported transactions involving the company's common stock.
• Matthews acquired 2,632 shares of common stock.
• Matthews also disposed of 19,695 shares of common stock.
• Following these transactions, Matthews beneficially owns 19,695 shares of common stock.
• The reported transactions also include the grant of restricted stock units (RSUs) under the issuer's 2017 Omnibus Incentive Plan.
• Each RSU represents the contingent right to receive one share of the issuer's common stock, vesting on the second anniversary of the grant date, subject to continued service.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions by a company insider.

Positives

• The grant of restricted stock units (RSUs) under the issuer's 2017 Omnibus Incentive Plan could be seen as a positive, aligning the executive's interests with the company's long-term performance.

Future Outlook

The vesting of RSUs is contingent upon the reporting person's continued service with the issuer.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• Shareholders are informed about the transactions of a key executive, providing transparency into insider activity.

Key Dates