Cracker Barrel Insider Filing: Hoffmeister Receives RSUs and Options

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

Financial Analyst

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.

Corporate Governance Expert

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.

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
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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^*

Hoffmeister Bruce

(Last) (First) (Middle)

305 HARTMANN DR

(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 Information 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		2,491(1)	A	$0.00	11,131	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		5,879(2)		09/25/2026	09/25/2035	Common Stock	5,879	$0.00	5,879	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:

	Bruce Hoffmeister 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 Bruce Hoffmeister receive on 09/25/2025 for CBRL?

He received 2,491 restricted stock units (RSUs) and 5,879 stock options on 09/25/2025.

What is the vesting schedule for the RSUs and options reported in the Form 4?

Both the RSUs and the stock options vest ratably in three equal installments on 9/30/2026, 9/30/2027, and 9/30/2028.

What is the exercise price and expiration date for the options granted to Hoffmeister?

The options have an exercise price of $43.80 and an expiration date of 09/25/2035.

How many shares did Hoffmeister beneficially own after the reported transactions?

Following the reported transactions he beneficially owned 11,131 shares and had 5,879 option equivalents outstanding.

Did the Form 4 report any sales or cash proceeds by the reporting person?

No. The Form 4 reports only acquisitions of equity awards with a $0.00 reported price for the RSUs and intrinsic reporting for the options.