Form 4: SpartanNash Director Julien Mininberg Awarded Restricted Stock Units

Director Julien Mininberg received 7,847 Restricted Stock Units (RSUs) from SpartanNash, which will vest on March 15, 2026.

Summary

• Julien Mininberg, a director at SpartanNash Co, was granted 7,847 Restricted Stock Units (RSUs) on March 11, 2025.
• These RSUs were awarded under the SpartanNash Company 2024 Stock Incentive Plan.
• The RSUs will vest on March 15, 2026, and each RSU represents the right to receive one share of SpartanNash common stock upon vesting.
• Prior to vesting, the RSUs are subject to restrictions according to the plan's terms.
• Following the transaction, Mininberg beneficially owns 18,447 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of RSUs is a standard practice and indicates confidence in the company's future performance. It's a routine transaction, but it does align director interests with shareholders.

Positives

• The award of RSUs aligns the director's interests with those of the shareholders, incentivizing performance and long-term value creation.

Future Outlook

The director's holdings will increase upon the vesting of the RSUs in March 2026, reflecting a long-term stake in the company's success.

Industry Context

The granting of RSUs is a common practice in corporate governance to align the interests of directors and executives with those of shareholders.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns the director's interests with the company's long-term success.

Next Steps

• The RSUs will vest on March 15, 2026, at which point Mininberg will receive shares of SpartanNash common stock.

Key Dates