B&G Foods EVP awarded 34,583 restricted shares
B&G Foods EVP of Supply Chain Martin C. Schoch received 34,583 shares of restricted common stock as equity compensation.
Rhea-AI Filing Summary
B&G Foods EVP of Supply Chain Martin C. Schoch received 34,583 shares of restricted common stock as equity compensation. The grant was made under the B&G Foods Omnibus Incentive Compensation Plan and vests in three equal installments on March 25, 2027, March 25, 2028 and March 25, 2029.
On the same date, 4,840 shares were withheld at $5.11 per share to cover tax obligations related to the vesting of 14,130 previously granted restricted shares. After these transactions, Schoch directly holds 64,090 shares of B&G Foods common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 34,583 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,840 | $5.11 | $25K |
Footnotes (2)
- F1. Represents shares of restricted stock granted to the reporting person pursuant to the B&G Foods, Inc. Omnibus Incentive Compensation Plan. The shares of restricted stock vest one-third on each of March 25, 2027, March 25, 2028 and March 25, 2029.
- F2. Represents shares of common stock withheld by B&G Foods to satisfy tax withholding obligations upon the vesting on March 25, 2026 of 14,130 shares of restricted stock, or one-third of the total number of shares of restricted stock, issued to the reporting person on March 24, 2023, March 25, 2024 and March 25, 2025 pursuant to the B&G Foods, Inc. Omnibus Incentive Compensation Plan.
FAQ
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What did B&G Foods (BGS) EVP Martin C. Schoch receive in this Form 4 filing?
How do the new restricted stock awards for B&G Foods (BGS) EVP vest over time?
Is the B&G Foods (BGS) Form 4 for Martin C. Schoch a purchase or a compensation grant?
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