Form 4: SpartanNash EVP Amy S. McClellan Reports Stock Transactions Following RSU Vesting
SEC Form 4
EVP and Chief Customer Officer of SpartanNash Co, Amy S. McClellan, reports the vesting of restricted stock units and subsequent stock transactions.
Summary
- On March 15, 2025, Amy S. McClellan, EVP and Chief Customer Officer of SpartanNash Co, reported transactions related to the vesting of restricted stock units (RSUs).
- 2,259 shares of common stock were acquired upon the vesting of RSUs.
- 985 shares were withheld by SpartanNash Company to cover tax obligations related to the RSU vesting at a price of $20.07.
- Following these transactions, McClellan directly owns 13,910 shares of SpartanNash common stock and 4,518 restricted stock units.
Sentiment
Score: 7
Explanation: The document reflects routine executive compensation activity, which is neither particularly positive nor negative. The sentiment is neutral to slightly positive as it indicates ongoing equity-based compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| December 20, 2023 | Date of Power of Attorney granted by Amy S. McClellan. |
| March 5, 2024 | Date of grant of 6,777 Restricted Stock Units (RSUs), vesting in three tranches. |
| March 15, 2025 | Date of RSU vesting and stock transactions. |
| March 1, 2026 | Next vesting date for one third of the RSUs granted on March 5, 2024. |
| March 1, 2027 | Final vesting date for one third of the RSUs granted on March 5, 2024. |
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