B&G Foods (NYSE: BGS) CEO granted 281,820 shares; 116,971 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
B&G Foods, Inc. reported that President & CEO Kenneth C. Keller received an equity award and related share withholding. On the transaction date, he was granted 281,820 shares of common stock at $0.00 per share in connection with achieving performance goals under 2023 to 2025 performance share long-term incentive awards.
To cover tax withholding obligations on this award, 116,971 shares of common stock were disposed of at $5.18 per share through a tax-withholding disposition rather than an open-market sale. After these transactions, Keller directly owned 638,521 shares of B&G Foods common stock, including shares previously accumulated through a dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Keller Kenneth C Jr
Role
PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 281,820 | $0.00 | -- |
| Tax Withholding | Common Stock | 116,971 | $5.18 | $606K |
Holdings After Transaction:
Common Stock — 755,492 shares (Direct)
Footnotes (1)
- Represents the gross number of shares of common stock awarded to the reporting person in connection with the satisfaction of applicable performance goals under the 2023 to 2025 performance share long-term incentive awards. The actual number of shares issued was reduced by the number of shares withheld to satisfy tax withholding obligations. See footnote 3. Includes 1,978 shares acquired under a dividend reinvestment plan on May 1, 2025; 3,354 shares acquired under a dividend reinvestment plan on July 31, 2025; 3,346 shares acquired under a dividend reinvestment plan on October 28, 2025; and 3,468 shares acquired under a dividend reinvestment plan on January 27, 2026. Represents shares of common stock withheld to satisfy tax withholding obligations relating to the 2023 to 2025 performance share long-term incentive awards.
FAQ
What did B&G Foods (BGS) CEO Kenneth C. Keller receive in this Form 4 filing?
Kenneth C. Keller received an equity award of 281,820 shares of B&G Foods common stock. The award was granted at $0.00 per share after achieving performance goals under 2023–2025 performance share long-term incentive awards.