Form 4: SpartanNash Co Executive Amy S. McClellan Reports Stock Transactions to Cover Tax Obligations

Amy S. McClellan, EVP, Chief Customer Officer of SpartanNash Co, reports disposition of shares to cover tax withholding obligations related to vesting restricted stock.

Summary

• Amy S. McClellan, an executive at SpartanNash Co, filed a Form 4 disclosing the disposition of 652 and 620 shares of common stock on March 1, 2025.
• The shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock.
• The price per share for the disposition was $20.19.
• Following the transactions, McClellan directly owns 12,636 shares of SpartanNash Co common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for corporate insiders in publicly traded companies, such as Walmart (WMT), Kroger (KR), and Costco (COST), to report changes in their beneficial ownership of company stock.
• These filings are publicly available and provide transparency into insider transactions, allowing investors to assess management's perspective on the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates