CBRL: SVP Bruce Hoffmeister Granted 2,491 RSUs and 5,879 Options
Cracker Barrel Old Country Store, Inc. (CBRL) reported an insider Section 16 filing showing SVP and Chief Information Officer Bruce Hoffmeister received long-term incentive awards on 09/25/2025.
Rhea-AI Filing Summary
Cracker Barrel Old Country Store, Inc. (CBRL) reported an insider Section 16 filing showing SVP and Chief Information Officer Bruce Hoffmeister received long-term incentive awards on 09/25/2025. The filing discloses an annual LTI grant of 2,491 time-based restricted stock units that vest ratably over three years (9/30/26, 9/30/27, 9/30/28) and an annual award of 5,879 stock options with an exercise price of $43.80 that vest ratably over the same three-year schedule and expire 09/25/2035. After the transactions Hoffmeister beneficially owned 11,131 shares and 5,879 option equivalents. The form was signed by attorney-in-fact on 09/29/2025.
Positive
- Time-based RSUs and options granted align the SVPs interests with long-term shareholder value through multi-year vesting
Negative
- None.
Insights
TL;DR: Routine executive LTI grants; no unusual cash transactions or dispositions reported.
The Form 4 documents annual long-term incentive awards to the companys SVP, CIO totaling 2,491 RSUs and 5,879 stock options granted 09/25/2025. Vesting is time-based over three years, which suggests retention-focused compensation rather than immediate monetization. The option exercise price is $43.80 with a ten-year post-vesting life to 09/25/2035. There are no sales or cash proceeds reported, and ownership levels post-grant are explicitly stated. This filing is informational and consistent with routine executive compensation practices.
TL;DR: Standard disclosure of equity awards by a named officer; governance implications are routine.
The filing clearly identifies the reporting person as SVP and Chief Information Officer and discloses annual LTI awards under the company's plan: time-based RSUs and stock options vesting ratably over three years. The structure aligns executive incentives with multi-year performance/retention objectives. The disclosure is complete with transaction dates, amounts, vesting schedule, exercise price, and post-transaction beneficial ownership. No indications of related-party sales, unusual vesting acceleration, or other governance concerns are present in the document.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 5,879 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,491 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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.
FAQ
What equity awards did Bruce Hoffmeister receive on 09/25/2025 for CBRL?
What is the vesting schedule for the RSUs and options reported in the Form 4?
What is the exercise price and expiration date for the options granted to Hoffmeister?
Did the Form 4 report any sales or cash proceeds by the reporting person?
AI-generated analysis. How Rhea-AI works. Not financial advice.