Freshpet Insider Purchase: Director Adds 1,000 Shares

Rhea-AI Filing Summary

Freshpet director George Walter N. reported an open-market purchase of common stock. The Form 4 shows the reporting person acquired 1,000 shares on 09/08/2025 at a weighted average price of $52.57 per share (prices ranged $52.51–$52.60). After the transaction the reporting person beneficially owned 46,527 shares, held directly. The filing was signed by an attorney-in-fact on 09/18/2025. The form discloses only this non-derivative purchase and an explanation that the reported price is a weighted average across multiple executions.

Positive

• Director purchased shares: 1,000 common shares acquired, indicating insider buying activity
• Transparent pricing disclosure: weighted average price $52.57 with a stated price range $52.51–$52.60
• Beneficial ownership reported: direct ownership increased to 46,527 shares following the transaction

Negative

• None.

Insights

Securities Analyst

TL;DR: A director executed a modest open-market buy of 1,000 Freshpet shares at ~$52.57, increasing direct ownership to 46,527 shares.

The purchase is a straightforward Form 4 disclosure showing a director-level insider added common stock via multiple executions at prices between $52.51 and $52.60. The transaction size appears modest relative to typical institutional or large insider trades and the filing contains no derivative activity or dispositions. For investors this documents insider buying interest but, on its face, is not a material capital event for the company.

Corporate Governance Expert

TL;DR: Governance disclosure is complete for the trade; the filing clarifies execution pricing and reporting procedures.

The Form 4 properly identifies the reporting person as a director, specifies the transaction date, the transaction code for a purchase, the weighted average price with an explanatory note, and the direct beneficial ownership after the trade. The signature by an attorney-in-fact is included and the report follows Section 16 filing conventions. There are no indications of exercised options or indirect holdings disclosed.

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^*

GEORGE WALTER N.

(Last) (First) (Middle)

C/O FRESHPET, INC.

1450 US-206

(Street)

BEDMINSTER NJ 07921

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Freshpet, Inc. [ FRPT ]

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

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	09/08/2025		P		1,000	A	$52.57(1)	46,527	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

Explanation of Responses:

1. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $52.51 to $52.60. The reporting person undertakes to provide to Freshpet, Inc., any security holders of Freshpet, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set in this Form 4.

	/s/ Lisa A. Alexander, as Attorney-in-Fact for the Reporting Person	09/18/2025
	** 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 insider transaction did Freshpet (FRPT) disclose on this Form 4?

George Walter N., a director, purchased 1,000 shares of Freshpet common stock on 09/08/2025 at a weighted average price of $52.57.

How many Freshpet shares does the reporting person own after the transaction?

46,527 shares of common stock are reported as beneficially owned following the purchase.

Was the Form 4 trade executed at a single price?

No. The filing states the $52.57 figure is a weighted average; executions ranged from $52.51 to $52.60.

Does the Form 4 show any option exercises or derivative transactions for FRPT?

No. Table II for derivative securities shows no entries; only a non-derivative common stock purchase is reported.

When was this Form 4 signed and filed?

Signed by an attorney-in-fact on 09/18/2025. The transaction date reported is 09/08/2025.