Freshpet (FRPT) HR chief awarded 1,968 restricted stock units in equity grant
Rhea-AI Filing Summary
Machaba Thembeka reported acquisition or exercise transactions in this Form 4 filing.
Freshpet, Inc. reported that Chief Human Resources Officer Thembeka Machaba received an equity award of 1,968 shares of Common Stock in the form of restricted stock units under the company’s 2024 Equity Incentive Plan. These units vest in three equal annual installments beginning on March 15, 2027, contingent on continued service. Following this grant, Machaba directly holds 10,059 shares of Freshpet common stock, reflecting a modest, compensation-related increase in her equity stake rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,968 shares
Net Buy
1 txn
Insider
Machaba Thembeka
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,968 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 10,059 shares (Direct)
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) insider Thembeka Machaba report on this Form 4?
Thembeka Machaba reported receiving an equity award of 1,968 restricted stock units of Freshpet common stock. The award was granted under the Freshpet, Inc. 2024 Equity Incentive Plan as part of her compensation in her role as Chief Human Resources Officer.
Was the Freshpet (FRPT) transaction an open-market purchase or a compensation grant?
The transaction was a compensation-related grant, not an open-market purchase. Machaba received 1,968 restricted stock units at a price of $0.00 per share, reflecting an award under the Freshpet, Inc. 2024 Equity Incentive Plan rather than a cash-funded acquisition.
What is the vesting schedule for Thembeka Machaba’s Freshpet (FRPT) restricted stock units?
The 1,968 restricted stock units are scheduled to vest in three equal annual installments. Vesting begins on March 15, 2027, and each installment is contingent on Machaba’s continued service with Freshpet, aligning her long-term incentives with the company’s performance.
Under which plan were the Freshpet (FRPT) restricted stock units granted to Thembeka Machaba?
The restricted stock units were granted under the Freshpet, Inc. 2024 Equity Incentive Plan. This plan provides stock-based awards to align key employees’ interests with shareholders by tying part of their compensation to future Freshpet common stock performance and continued employment.