Form 4: SpartanNash Director Kerrie D. MacPherson Awarded Restricted Stock Units

Director Kerrie D. MacPherson received 7,847 Restricted Stock Units (RSUs) from SpartanNash Co, which will vest on March 15, 2026.

Summary

• Kerrie D. MacPherson, a director of SpartanNash Co, was awarded 7,847 Restricted Stock Units (RSUs) on March 11, 2025.
• These RSUs were granted 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, MacPherson's total holdings include 12,586 shares of common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The awarding of RSUs is a standard practice and indicates confidence in the company's future performance. It's a routine transaction, but positive for alignment of interests.

Positives

• The award of RSUs aligns the director's interests with the long-term performance of the company.
• The vesting period of the RSUs is over a year away, encouraging a long-term focus.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's financial performance or future prospects.

Industry Context

This type of equity compensation is common in publicly traded companies to incentivize directors and align their interests with shareholders.

Comparison to Industry Standards

• Equity compensation for board members is a standard practice across publicly listed companies.
• Companies like Kroger, Albertsons, and Walmart also utilize stock options and restricted stock units as part of their director compensation packages.
• The specific amount and vesting schedules vary based on company size, performance, and industry benchmarks.

Stakeholder Impact

• The award of RSUs to a director can positively impact shareholders by aligning management's interests with the company's long-term success.
• Employees may view this as a positive sign of the company's commitment to its leadership.

Key Dates