B&G Foods (BGS) EVP Ellen Schum awarded shares, part withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
B&G Foods, Inc. executive Ellen M. Schum, EVP & President of Specialty, reported equity compensation tied to long-term performance goals. She was awarded 18,864 shares of common stock upon satisfaction of 2023–2025 performance share incentives, with no cash paid per share. To cover related tax withholding obligations, 7,531 shares were withheld and disposed of at $5.18 per share, leaving her with 130,568 directly owned shares after these transactions. Her holdings include 16,469 shares accumulated through a dividend reinvestment plan between February 2, 2022 and January 27, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schum Ellen M
Role
EVP & PRES OF SPECIALTY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,864 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,531 | $5.18 | $39K |
Holdings After Transaction:
Common Stock — 138,099 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 an aggregate of 16,469 shares acquired under a dividend reinvestment plan on a quarterly basis from February 2, 2022 through 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 insider transactions did B&G Foods (BGS) report for Ellen M. Schum?
Ellen M. Schum reported a grant of 18,864 B&G Foods common shares and a related tax-withholding disposition of 7,531 shares. These transactions stem from 2023–2025 performance share long-term incentive awards and were settled in stock rather than open-market purchases or sales.
What is the role of the dividend reinvestment plan in Ellen M. Schum’s B&G Foods (BGS) holdings?
Her reported ownership includes 16,469 shares acquired under a dividend reinvestment plan. Dividends paid on existing shares were automatically reinvested into additional B&G Foods stock on a quarterly basis between February 2, 2022 and January 27, 2026.