Form 4: Stryve Foods CFO Alex Hawkins Reports Changes in Beneficial Ownership
SEC Form 4 Filing
CFO of Stryve Foods, Alex Hawkins, reports the disposition and acquisition of company stock, including the cancellation of an equity award and the grant of restricted stock.
Summary
- On September 15, 2024, Alex Hawkins, CFO of Stryve Foods, reported changes in beneficial ownership of the company's Class A Common Stock.
- Hawkins disposed of 15,000 shares of Class A Common Stock at a price of $0 per share due to the cancellation of an equity award.
- Hawkins acquired 90,000 shares of Class A Common Stock at a price of $0 per share through an award of restricted stock under the Stryve Foods, Inc. Omnibus Incentive Plan.
- The restricted stock vests in three equal annual installments.
- Following these transactions, Hawkins beneficially owns 121,658 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: This is a neutral filing reflecting standard executive compensation practices and insider trading reporting requirements.
Positives
- The award of restricted stock to the CFO aligns his interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, reflecting the CFO's stake in the company's performance.
Key Dates
| Date | Description |
|---|---|
| 09/15/2024 | Date of the transactions involving the disposition and acquisition of Stryve Foods Class A Common Stock. |
| 09/19/2024 | Date of signature for the Form 4 filing. |
Keywords
Stryve Foods, SNAX, Alex Hawkins, CFO, beneficial ownership, Form 4, restricted stock, equity award, Class A Common Stock
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