[Form 4] CRACKER BARREL OLD COUNTRY STORE, INC Insider Trading Activity

Rhea-AI Filing Summary

Sarah O. Moore, SVP & Chief Marketing Officer of Cracker Barrel Old Country Store (CBRL), received equity awards under the companys annual long-term incentive plan on 09/25/2025. The filing shows 1,881 restricted stock units (RSUs) granted that will vest in three equal installments on 09/30/2026, 09/30/2027 and 09/30/2028. Following the grant, she beneficially owns 3,512 shares of common stock directly.

The filing also discloses stock options: 4,439 options were granted with a $43.80 exercise price, exercisable beginning 09/25/2026 and expiring 09/25/2035, and 4,439 shares underlying those options are reported as directly beneficially owned after the grant. The Form 4 was signed by an attorney-in-fact on 09/29/2025.

Positive

• 1,881 RSUs granted with explicit three-year vesting schedule (09/30/2026, 09/30/2027, 09/30/2028)
• 4,439 stock options granted with clear exercise price ($43.80), exercisable from 09/25/2026 to 09/25/2035
• Post-grant ownership reported: 3,512 shares beneficially owned directly and 4,439 shares underlying options

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine annual equity grants to a senior officer; no unusual transaction or sale disclosed.

The Form 4 documents standard long-term incentive awards: time-based RSUs and stock options granted to the SVP & Chief Marketing Officer on 09/25/2025. The RSUs vest ratably over three years and the options vest on the same schedule, with an exercise price of $43.80 and a 10-year term. These are compensation-related equity grants, not open-market purchases or dispositions, and the filing shows the resulting direct beneficial ownership counts.

Corporate Governance Expert

TL;DR: Compensation disclosure aligns with standard corporate governance practices for executive LTI awards.

The filing clearly states the nature and vesting schedule of the annual LTI awards and reports ownership post-grant. Vesting over three years is a common practice to promote retention. The Form 4 is properly executed by an attorney-in-fact and provides required details: grant dates, amounts, vesting dates, exercise price for options, and post-transaction beneficial ownership totals.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Moore Sarah O.

(Last) (First) (Middle)

305 S. HARTMANN DRIVE

(Street)

LEBANON TN 37087

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CRACKER BARREL OLD COUNTRY STORE, INC [ CBRL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Marketing Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/25/2025		A		1,881(1)	A	$0.00	3,512	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	$43.8	09/25/2025		A		4,439(2)		09/25/2026	09/25/2035	Common Stock	4,439	$0.00	4,439	D

Explanation of Responses:

1. Represents an annual LTI plan award of time-based RSUs which will vest ratably over three years in equal installments on 9/30/26, 9/30/27, and 9/30/28.

2. Represents an annual LTI plan award of stock options which will vest ratably over three years in equal installments on 9/30/26, 9/30/27, and 9/30/28.

Remarks:

	Sarah O. Moore by Richard M. Wolfson, attorney-in-fact	09/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What equity awards did Sarah O. Moore (CBRL) receive on 09/25/2025?

She received 1,881 RSUs and 4,439 stock options under the annual long-term incentive plan.

When do the RSUs and options granted to Sarah Moore vest?

Both the RSUs and the options vest ratably in three equal installments on 09/30/2026, 09/30/2027, and 09/30/2028.

What is the exercise price and term for the stock options granted to Sarah Moore?

The options have an exercise price of $43.80, are exercisable from 09/25/2026, and expire on 09/25/2035.

How many shares does Sarah Moore beneficially own after the reported transactions?

The Form 4 reports 3,512 shares of common stock beneficially owned directly and 4,439 shares underlying the granted options.

Who signed the Form 4 and when was it filed?

The Form 4 was signed by Sarah O. Moore by Richard M. Wolfson, attorney-in-fact on 09/29/2025.