Form 4: SpartanNash Director Fred Bentley Settles Restricted Stock Units for Common Stock
SEC Form 4 Filing
Director Fred Bentley converted restricted stock units into SpartanNash common stock on March 15, 2025.
Summary
- On March 15, 2025, Fred Bentley, a director of SpartanNash Co, settled 7,745 restricted stock units (RSUs).
- Each RSU was converted into one share of SpartanNash common stock.
- Following the transaction, Bentley directly owns 17,434 shares of SpartanNash common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting and conversion of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| November 8, 2023 | Date of Power of Attorney granted by Fred Bentley, Jr. |
| March 5, 2024 | Date the Restricted Stock Units (RSUs) were granted. |
| March 15, 2025 | Date of RSU settlement and conversion to common stock. |
| March 18, 2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.