Form 4: Simply Good Foods Executive Disposes of Shares for Tax Withholding

Mark A. Olivieri Jr., SVP and GM of OWYN at Simply Good Foods Co, disposed of 2,519 shares of common stock valued at $32.43 per share to cover tax withholding obligations upon the vesting of restricted stock units.

Summary

• Mark A. Olivieri Jr., the Senior Vice President and General Manager of OWYN at Simply Good Foods Co (SMPL), reported a transaction on July 1, 2025.
• The transaction involved the disposition of 2,519 shares of Simply Good Foods Co common stock.
• The shares were disposed of at a price of $32.43 per share.
• This disposition was made to cover tax withholding obligations associated with the vesting of restricted stock units.
• Following this transaction, Mark A. Olivieri Jr. beneficially owns 22,296 shares of Simply Good Foods Co common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. This is a routine, non-discretionary transaction related to tax withholding on vested equity awards, which is a common occurrence for executives receiving equity compensation.

Positives

• The transaction is a routine event related to the vesting of restricted stock units, indicating that executive compensation plans are functioning as expected.
• The executive continues to hold a significant number of shares (22,296) after the transaction, demonstrating continued alignment with shareholder interests.

Negatives

• No specific negative aspects are indicated by this routine tax-related share disposition.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 filing is a standard disclosure of an insider transaction, specifically related to executive compensation and tax obligations. It does not provide broader industry context or trends.

Comparison to Industry Standards

• The practice of withholding shares to cover tax obligations upon the vesting of restricted stock units is a common and standard procedure for publicly traded companies across various industries, including the consumer packaged goods sector where Simply Good Foods operates.
• This type of transaction is routine and aligns with typical executive compensation structures that include equity awards.

Stakeholder Impact

• Shareholders: The transaction is a routine administrative event and is unlikely to have a material impact on the company's operations or financial performance. It represents a small, non-discretionary sale by an insider.
• Employees: No direct impact on general employees is indicated.
• Customers: No direct impact on customers is indicated.
• Suppliers: No direct impact on suppliers is indicated.
• Creditors: No direct impact on creditors is indicated.

Key Dates

Keywords

Simply Good Foods Co, SMPL, Form 4, insider transaction, restricted stock units, RSU, tax withholding, executive compensation, share disposition