Form 4: SpartanNash EVP, CFO Jason Monaco Reports Stock Disposals to Cover Tax Obligations

Jason Monaco, EVP and CFO of SpartanNash Co, reported the disposal of shares to cover tax withholding obligations related to the vesting of restricted stock.

Summary

• Jason Monaco, the EVP and Chief Financial Officer of SpartanNash Co, filed a Form 4 detailing changes in beneficial ownership.
• The report indicates the disposal of 3,173 and 2,767 shares of common stock on March 1, 2025, to satisfy tax withholding obligations.
• The shares were withheld by SpartanNash Company in connection with the vesting of restricted stock.
• The price per share for the disposal was $20.19.
• Following the reported transactions, Monaco beneficially owns 40,301 shares of SpartanNash Co.
• The filing was signed by Ileana McAlary, as Attorney-in-Fact for Jason Monaco, on March 4, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates that an executive disposed of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but it is unlikely to be significant given the relatively small number of shares involved.

Key Dates