Freshpet (FRPT) President receives 5,456-share restricted stock award
Rhea-AI Filing Summary
Morris Scott James reported acquisition or exercise transactions in this Form 4 filing.
Freshpet, Inc. President Scott James received a grant of 5,456 shares of Common Stock in the form of restricted stock units under the Freshpet, Inc. 2024 Equity Incentive Plan. These RSUs will vest in three equal annual installments beginning on March 15, 2027, conditioned on his continued service.
After this grant, James directly holds 199,994 shares of Common Stock. He also has indirect ownership of 30,858 shares held through the Scott Morris 2020 Family Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,456 shares
Net Buy
2 txns
Insider
Morris Scott James
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,456 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 199,994 shares (Direct);
Common Stock — 30,858 shares (Indirect, By Scott Morris 2020 Family Trust)
Footnotes (1)
- F1. Consists of restricted stock units in respect of shares of Common Stock awarded to the Reporting Person under the Freshpet, Inc. 2024 Equity Incentive Plan. These restricted stock units are scheduled to vest in three equal annual installments beginning March 15, 2027, subject to the Reporting Person's continued service with the Issuer.
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FAQ
What did Freshpet (FRPT) President Scott James report in this Form 4?
Scott James reported receiving 5,456 restricted stock units of Freshpet Common Stock. The award was granted under the Freshpet, Inc. 2024 Equity Incentive Plan as part of his equity-based compensation from the company.
How do the new restricted stock units for FRPT’s President vest?
The 5,456 restricted stock units vest in three equal annual installments starting March 15, 2027. Each installment depends on Scott James continuing his service with Freshpet through the applicable vesting date.
What equity plan was used for the FRPT President’s stock award?
The restricted stock units were granted under the Freshpet, Inc. 2024 Equity Incentive Plan. This plan provides equity-based awards such as RSUs to the company’s personnel as part of their overall compensation structure.