SPTN.Spartannash CO

Form 4: SpartanNash Executive Ileana McAlary Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

📋All filings for Spartannash CO
🔒Login to Follow

EVP, CLO, and Secretary of SpartanNash Co, Ileana McAlary, reports the vesting and conversion of restricted stock units into common stock, along with shares withheld for tax obligations.

Summary

  • On March 15, 2025, Ileana McAlary, EVP, CLO, and Secretary of SpartanNash Co, had 2,840 Restricted Stock Units (RSUs) vest and convert into common stock.
  • Additionally, 1,239 shares of common stock were withheld by SpartanNash Company to cover tax obligations related to the RSU vesting at a price of $20.07 per share.
  • Following these transactions, McAlary directly owns 8,573 shares of SpartanNash common stock and 5,680 RSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions, and does not inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, which is common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it reflects changes in insider ownership.

Key Dates

DateDescription
March 5, 2024Grant date of 8,520 Restricted Stock Units (RSUs), vesting in three tranches.
March 15, 2025Vesting of 2,840 RSUs and conversion to common stock; tax withholding of 1,239 shares.
March 1, 2026Next vesting date for one-third of the RSUs granted on March 5, 2024.
March 1, 2027Final vesting date for one-third of the RSUs granted on March 5, 2024.
03/18/2025Date of signature on the Form 4 filing.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.