Form 4: SpartanNash Director Julien Mininberg Settles Restricted Stock Units
SEC Form 4
Director Julien Mininberg settled restricted stock units into SpartanNash common stock on March 15, 2025.
Summary
- On March 15, 2025, Julien Mininberg, a director of SpartanNash Co, settled 7,745 Restricted Stock Units (RSUs), converting them into an equal number of shares of SpartanNash common stock.
- The RSUs were initially granted on March 5, 2024.
- Following the transaction, Mininberg directly owns 26,192 shares of SpartanNash common stock.
Sentiment
Score: 5
Explanation: This is a neutral event, simply reflecting the scheduled vesting and settlement of stock units.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| March 1, 2023 | Date of Power of Attorney execution. |
| 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 Form 4 filing. |
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