STOCK TITAN

Freshpet (FRPT) CEO exercises 84K options and sells 47K shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Freshpet, Inc. CEO William B. Cyr reported a mix of option exercises and share sales tied to a pre-arranged trading plan. On May 22, 2026, entities associated with Cyr exercised 84,000 options to acquire Common Stock at $10.23 per share and sold 46,814 shares of Common Stock in open-market transactions.

The sales, including direct holdings and those by spouse and family trusts, were executed at weighted average prices in ranges of $49.98–$50.97 and $50.98–$51.59, pursuant to a Rule 10b5-1 trading plan adopted on November 5, 2025. After these transactions, Cyr directly holds 266,954 shares of Freshpet common stock, and the exercised options were granted under the company’s 2014 Omnibus Incentive Plan.

Positive

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Negative

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Insider Cyr William B.
Role Chief Executive Officer
Sold 46,814 shs ($2.39M)
Type Security Shares Price Value
Exercise Options to purchase common stock 62,369 $0.00 --
Exercise Options to purchase common stock 4,620 $0.00 --
Exercise Options to purchase common stock 9,030 $0.00 --
Exercise Options to purchase common stock 7,981 $0.00 --
Exercise Common Stock 62,369 $10.23 $638K
Sale Common Stock 13,215 $50.51 $667K
Sale Common Stock 29,280 $51.26 $1.50M
Exercise Common Stock 4,620 $10.23 $47K
Sale Common Stock 923 $51.18 $47K
Exercise Common Stock 9,030 $10.23 $92K
Sale Common Stock 1,803 $51.18 $92K
Exercise Common Stock 7,981 $10.23 $82K
Sale Common Stock 1,593 $51.18 $82K
Holdings After Transaction: Options to purchase common stock — 368,286 shares (Direct, null); Options to purchase common stock — 27,280 shares (Indirect, By Spouse); Common Stock — 266,954 shares (Direct, null); Common Stock — 26,488 shares (Indirect, By Spouse)
Footnotes (1)
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 5, 2025. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.98 to $50.97. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.98 to $51.59. 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 sold at each price within the range set in this Form 4. The options were issued pursuant to the Issuer's 2014 Omnibus Incentive Plan. These options are fully vested as of December 31, 2020.
Shares sold 46,814 shares Total Common Stock sold on May 22, 2026
Options exercised 84,000 shares Total shares from option exercises on May 22, 2026
Option exercise price $10.23 per share Exercise price for options to purchase common stock
Sale price range (lower band) $49.98–$50.97 Weighted average sale price range for some transactions
Sale price range (upper band) $50.98–$51.59 Weighted average sale price range for remaining transactions
Direct shares after transactions 266,954 shares Freshpet Common Stock directly held by Cyr after trades
Direct options remaining 368,286 options Options to purchase Common Stock directly held after exercises
Rule 10b5-1 trading plan financial
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported is a weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Options to purchase common stock financial
"Options to purchase common stock, conversion or exercise price $10.2300"
2014 Omnibus Incentive Plan financial
"The options were issued pursuant to the Issuer's 2014 Omnibus Incentive Plan."
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion, transaction_code_description: Exercise or conversion of derivative security"
SEC Form 4
FORM 4UNITED 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).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cyr William B.

(Last)(First)(Middle)
C/O FRESHPET, INC.
1450 US-206

(Street)
BEDMINSTER NEW JERSEY 07921

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Freshpet, Inc. [ FRPT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/22/2026M62,369A$10.23266,954D
Common Stock05/22/2026S(1)13,215D$50.51(2)(4)253,739D
Common Stock05/22/2026S(1)29,280D$51.26(3)(4)224,459D
Common Stock05/22/2026M4,620A$10.2326,488IBy Spouse
Common Stock05/22/2026S(1)923D$51.1825,565IBy Spouse
Common Stock05/22/2026M9,030A$10.2362,435IBy Irrevocable Spousal Trust for Linda W. Cyr
Common Stock05/22/2026S(1)1,803D$51.1860,632IBy Irrevocable Spousal Trust for Linda W. Cyr
Common Stock05/22/2026M7,981A$10.2357,714IBy Linda W. Cyr 2020 Irrevocable Trust for Descendants
Common Stock05/22/2026S(1)1,593D$51.1856,121IBy Linda W. Cyr 2020 Irrevocable Trust for Descendants
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Options to purchase common stock$10.2305/22/2026M62,369 (5)09/06/2026Common Stock62,369$0368,286D
Options to purchase common stock$10.2305/22/2026M4,620 (5)09/06/2026Common Stock4,620$027,280IBy Spouse
Options to purchase common stock$10.2305/22/2026M9,030 (5)09/06/2026Common Stock9,030$053,320IBy Irrevocable Spousal Trust for Linda W. Cyr
Options to purchase common stock$10.2305/22/2026M7,981 (5)09/06/2026Common Stock7,981$047,114IBy Linda W. Cyr 2020 Irrevocable Trust for Descendants
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 5, 2025.
2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.98 to $50.97.
3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.98 to $51.59.
4. 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 sold at each price within the range set in this Form 4.
5. The options were issued pursuant to the Issuer's 2014 Omnibus Incentive Plan. These options are fully vested as of December 31, 2020.
/s/ Andrew Lampert, as attorney-in-fact for the Reporting Person05/27/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Freshpet (FRPT) CEO William B. Cyr report?

William B. Cyr reported exercising 84,000 stock options and selling 46,814 shares of Freshpet Common Stock. The trades occurred on May 22, 2026, across direct holdings, spouse accounts, and family trusts associated with him.

At what prices were Freshpet (FRPT) shares sold in William Cyr’s latest Form 4?

The reported sales used weighted average prices, with shares sold in multiple trades between $49.98 and $50.97, and between $50.98 and $51.59 per share. Specific sale lines include prices such as $50.51 and $51.26.

How many Freshpet (FRPT) shares did William Cyr sell versus acquire in this filing?

Entities associated with William Cyr sold 46,814 shares of Common Stock and acquired 84,000 shares through option exercises. This reflects a net sale of shares, even though more shares were acquired via exercising options than were sold.

Were William Cyr’s Freshpet (FRPT) share sales pre-planned under Rule 10b5-1?

Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by William Cyr on November 5, 2025. Such plans pre-schedule trades, reducing the significance of trade timing as a discretionary decision.

How many Freshpet (FRPT) shares does William Cyr hold directly after these transactions?

Following the reported May 22, 2026 transactions, William Cyr directly holds 266,954 shares of Freshpet Common Stock. Additional indirect holdings are reported through spouse and family trusts, which are listed separately in the Form 4.

What option grants were involved in William Cyr’s recent Freshpet (FRPT) Form 4?

The transactions involved options to purchase Common Stock at a $10.23 exercise price, issued under Freshpet’s 2014 Omnibus Incentive Plan. A total of 84,000 options were exercised across direct, spouse, and family-trust holdings in connection with these trades.