Form 4: Stryve Foods Director Receives Stock as Director Fees

Robert D. Ramsey III, a director at Stryve Foods, acquired 375 shares of Class A Common Stock as payment for director fees.

Summary

• On December 31, 2024, Robert D. Ramsey III, a director of Stryve Foods, Inc., acquired 375 shares of Class A Common Stock.
• The shares were acquired as director's fees paid in restricted stock from the Issuer's Omnibus Incentive Plan.
• The price per share was $0.
• Following the transaction, Ramsey directly owns 24,523 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through stock compensation, indicating alignment with shareholder interests.

Positives

• The acquisition of shares by a director demonstrates continued alignment with shareholder interests.

Industry Context

Director compensation in the form of stock is a common practice to align the interests of board members with those of shareholders. This filing reflects standard regulatory reporting for such transactions.

Comparison to Industry Standards

• Stock-based compensation for directors is a common practice across publicly traded companies.
• Companies like Beyond Meat and Tattooed Chef also utilize stock options and restricted stock units as part of their director compensation packages.
• The amount of stock granted to directors varies based on company size, performance, and industry benchmarks.

Key Dates

Keywords

Stryve Foods, Director, Stock Acquisition, Form 4, SNAX, Director Fees, Omnibus Incentive Plan, Robert D. Ramsey III