B&G Foods (NYSE: BGS) director takes $295K compensation in stock and options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
B&G Foods director Stephen Sherrill reported compensation-related stock awards, not open-market trades. He received a grant of 26,915 shares of Common Stock at no cost, bringing his direct holdings to 404,666 shares. He was also granted stock options for 189,111 shares of Common Stock at an exercise price of $3.99 per share, exercisable beginning on June 1, 2027 and expiring on June 1, 2036. Footnotes explain that non-employee directors receive an annual equity grant of approximately $130,000 in stock and that Sherrill elected to receive all $165,000 of his annual board service fee in the form of options instead of cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SHERRILL STEPHEN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 189,111 | $0.8725 | $165K |
| Grant/Award | Common Stock | 26,915 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 189,111 shares (Direct, null);
Common Stock — 404,666 shares (Direct, null)
Footnotes (1)
- Each non-employee director of B&G Foods receives an annual equity grant of approximately $130,000 of Common Stock based upon a 30-day average closing price as part of his or her non-employee director compensation. Each non-employee director of B&G Foods at his or her option may choose to receive the cash portion of his or her annual board service fee (or any portion thereof) in an equivalent amount of options instead of cash. Mr. Sherrill elected to receive all $165,000 of his annual board service fee in the form of options.
Key Figures
Common stock grant: 26,915 shares
Shares owned after grant: 404,666 shares
Option grant size: 189,111 options
+4 more
7 metrics
Common stock grant
26,915 shares
Equity grant to non-employee director on June 1, 2026
Shares owned after grant
404,666 shares
Total direct Common Stock holdings after award
Option grant size
189,111 options
Stock Option (Right to Buy) granted June 1, 2026
Option exercise price
$3.99 per share
Exercise price for 189,111 stock options
Option grant value per share
$0.8725 per option
Grant-date price per option in the filing
Annual equity grant
$130,000
Approximate yearly Common Stock grant to non-employee directors
Board fee taken in options
$165,000
Annual board service fee Sherrill elected to receive as options
Key Terms
non-employee director, annual equity grant, Stock Option (Right to Buy), exercise price, +1 more
5 terms
non-employee director financial
"Each non-employee director of B&G Foods receives an annual equity grant"
annual equity grant financial
"receives an annual equity grant of approximately $130,000 of Common Stock"
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy)"
exercise price financial
"conversion_or_exercise_price": "3.9900""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
board service fee financial
"all $165,000 of his annual board service fee in the form of options"
FAQ
What did B&G Foods (BGS) director Stephen Sherrill report in this Form 4?
Stephen Sherrill reported receiving equity compensation, not market trades. He was granted 26,915 shares of Common Stock and stock options for 189,111 shares as part of his non-employee director compensation package and elected to take his board fee entirely in options.
What stock options were granted to Stephen Sherrill by B&G Foods (BGS)?
Sherrill received stock options on 189,111 shares of B&G Foods Common Stock. These options have an exercise price of $3.99 per share, are associated with a grant-date value of about $0.8725 per option, and are exercisable starting June 1, 2027 through June 1, 2036.
Is Stephen Sherrill buying or selling B&G Foods (BGS) stock in this filing?
The filing shows no open-market buying or selling by Stephen Sherrill. Instead, it records compensation-related awards: a grant of Common Stock and a grant of stock options received as part of his annual non-employee director compensation and election to take fees in options.
How is B&G Foods (BGS) compensating non-employee directors like Stephen Sherrill?
Non-employee directors receive an annual equity grant of approximately $130,000 in Common Stock based on a 30-day average price. They may also choose to take their annual cash board service fee, such as Sherrill’s $165,000, in an equivalent value of stock options instead of cash.