Form 4: SpartanNash Director Sells Shares in Merger

SpartanNash Director Pamela Puryear disposed of all her common stock and restricted stock units following the company's acquisition by C&S Wholesale Grocers for $26.90 per share.

Summary

• Pamela Puryear, a Director of SpartanNash Co, reported the disposal of her beneficial ownership in the company.
• The transactions occurred on September 22, 2025, coinciding with the acquisition of SpartanNash by C&S Wholesale Grocers, LLC.
• All outstanding SpartanNash common stock was canceled and converted into a cash payment of $26.90 per share at the effective time of the merger.
• All outstanding SpartanNash restricted stock units (RSUs) automatically vested, were canceled, and converted into a cash payment of $26.90 per share.
• Puryear disposed of 18,345 shares of common stock and 7,847 shares underlying RSUs, totaling 26,192 shares, for a total cash consideration of $704,694.80.

Sentiment

Score: 8

Explanation: The filing reports the successful completion of a merger where SpartanNash shareholders received a fixed cash price of $26.90 per share, indicating a successful exit for public shareholders and the vesting of director's equity.

Positives

• Shareholders received a fixed cash payment of $26.90 per share for their SpartanNash stock, providing a clear exit value.
• Restricted stock units (RSUs) held by the director automatically vested and were converted into cash at the merger price, ensuring liquidity for equity compensation.

Negatives

• SpartanNash Company ceased to be a publicly traded entity following the acquisition, meaning its independent existence concluded.
• Shareholders no longer hold equity in SpartanNash and will not participate in any future potential growth or dividends from the former company.

Future Outlook

SpartanNash Company has been acquired by C&S Wholesale Grocers, LLC, and is no longer a publicly traded entity. Therefore, no forward-looking statements or guidance for SpartanNash as an independent company are applicable.

Industry Context

NA

Stakeholder Impact

• Shareholders: Received a cash payment of $26.90 per share, ending their equity ownership in SpartanNash Company.
• Director (Pamela Puryear): Liquidated her equity holdings in SpartanNash due to the merger, receiving cash for her common stock and vested restricted stock units.

Key Dates

Keywords

SpartanNash, SPTN, C&S Wholesale Grocers, Merger, Acquisition, Form 4, Insider Transaction, Director, Equity Disposal, Cash Out