Form 4: SpartanNash SVP, Chief Retail Officer, Barry Mamadou Djouma, Awarded Restricted Stock Units

Barry Mamadou Djouma, SVP, Chief Retail Officer of SpartanNash Co, was granted 5,886 Restricted Stock Units (RSUs) under the company's 2024 Stock Incentive Plan.

Summary

• On March 11, 2025, Barry Mamadou Djouma, SVP, Chief Retail Officer of SpartanNash Co, was awarded 5,886 Restricted Stock Units (RSUs).
• The RSUs were granted under the SpartanNash Company 2024 Stock Incentive Plan.
• One-third of the RSUs will vest on each of March 15, 2026, March 1, 2027, and March 1, 2028.
• Each RSU represents the right to receive one share of SpartanNash common stock upon vesting.
• Prior to vesting, the RSUs remain subject to restrictions according to the Plan's terms.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, which is generally viewed positively as it aligns management's interests with shareholders. The sentiment is neutral to slightly positive.

Positives

• The grant of RSUs aligns the executive's interests with those of the shareholders, incentivizing performance and long-term value creation.

Future Outlook

The document outlines the vesting schedule for the granted RSUs, indicating future dates when the executive will receive shares of SpartanNash common stock.

Industry Context

Granting stock-based compensation is a common practice in the industry to incentivize executives and align their interests with those of the shareholders.

Comparison to Industry Standards

• Companies like Kroger, Albertsons, and Sysco also utilize stock-based compensation plans for their executives.
• The vesting schedules and amounts of RSUs granted are generally comparable to industry standards for similar executive roles.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it incentivizes the executive to improve company performance.
• Employees may see the grant as a sign of the company's commitment to its leadership team.

Key Dates