Form 4: SpartanNash Director M. Shan Atkins Settles Restricted Stock Units for Common Stock
SEC Form 4 Filing
Director M. Shan Atkins converted restricted stock units into SpartanNash common stock on March 15, 2025.
Summary
- On March 15, 2025, M. Shan Atkins, a director of SpartanNash Co, settled 7,745 restricted stock units (RSUs), converting them into an equal number of shares of SpartanNash common stock.
- Following the transaction, Atkins directly owns 69,351.42 shares of SpartanNash common stock.
- The RSUs were granted on March 5, 2024, and each RSU represents the right to receive one share of SpartanNash common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider holdings.
Key Dates
| Date | Description |
|---|---|
| March 1, 2023 | Date of Power of Attorney granted by M. Shan Atkins. |
| 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 signature. |
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