Form 4: SpartanNash Co Director Hawthorne L. Proctor Sells 4,700 Shares

Director Hawthorne L. Proctor sold 4,700 shares of SpartanNash Co stock at an average price of $20.81 on February 28, 2024.

Summary

• On February 28, 2024, Hawthorne L. Proctor, a director of SpartanNash Co, sold 4,700 shares of common stock.
• The sale was executed at a weighted average price of $20.81 per share, with prices ranging from $20.81 to $20.85.
• Following the transaction, Proctor directly owns 25,488 shares of SpartanNash Co.
• The sale was reported on Form 4, filed with the SEC on March 1, 2024.

Sentiment

Score: 5

Explanation: This is a neutral event. A director sold shares, which could be for a variety of personal reasons and doesn't necessarily reflect a negative outlook on the company.

Industry Context

This is a routine disclosure of insider trading activity. It is common for directors and officers to buy and sell shares of their company's stock.

Stakeholder Impact

• The sale of shares by a director could potentially create uncertainty among shareholders, although the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates