B&G Foods (BGS) EVP Eric Hart gets 34,538-share grant, 12,992 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
B&G Foods, Inc. executive Eric H. Hart reported equity compensation tied to long-term performance goals. On March 2, 2026, he acquired 34,538 shares of common stock at $0.00 per share as a grant under the 2023–2025 performance share long-term incentive awards. A separate transaction the same day shows 12,992 shares of common stock withheld at $5.18 per share to cover tax obligations from these awards, rather than an open-market sale. After these transactions, Hart directly owned 133,957 shares of B&G Foods common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hart Eric H
Role
EVP OF HUMAN RESOURCES & CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,538 | $0.00 | -- |
| Tax Withholding | Common Stock | 12,992 | $5.18 | $67K |
Holdings After Transaction:
Common Stock — 146,949 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 2. 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 insider transactions did B&G Foods (BGS) report for Eric H. Hart?
B&G Foods reported that Eric H. Hart received a grant of 34,538 common shares and had 12,992 shares withheld for taxes. Both transactions occurred on March 2, 2026 and relate to 2023–2025 performance share long-term incentive awards.
Was the B&G Foods (BGS) insider transaction a stock sale by Eric H. Hart?
The filing does not show an open-market sale. Instead, 12,992 shares were withheld at $5.18 per share to satisfy tax withholding obligations from performance share awards, while 34,538 shares were granted as equity compensation to Eric H. Hart.
What is the nature of the B&G Foods (BGS) equity grant to Eric H. Hart?
The grant represents 34,538 common shares awarded for achieving performance goals under the 2023 to 2025 performance share long-term incentive awards. The shares were issued at no cash cost to Hart as part of his executive compensation package.
What transaction codes are used in Eric H. Hart’s B&G Foods (BGS) Form 4?
The Form 4 shows code "A" for a grant or award acquisition of 34,538 shares and code "F" for 12,992 shares withheld to pay tax liabilities related to those awards, both involving B&G Foods common stock held directly by Eric H. Hart.