STOCK TITAN

Freshpet (FRPT) HR chief awarded 1,968 restricted stock units in equity grant

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

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

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Insider Machaba Thembeka
Role Chief Human Resources Officer
Type Security Shares Price Value
Grant/Award Common Stock 1,968 $0.00 --
Holdings After Transaction: Common Stock — 10,059 shares (Direct)
Footnotes (1)
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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
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).
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*
Machaba Thembeka

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Human Resources Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
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 03/10/2026 A 1,968(1) A $0 10,059 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. 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.
/s/ Lisa Alexander, as attorney-in-fact for the Reporting Person 03/12/2026
** 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 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.

How many Freshpet (FRPT) shares does Thembeka Machaba hold after this transaction?

After the reported grant, Thembeka Machaba holds 10,059 shares of Freshpet common stock directly. This total includes the newly awarded restricted stock units and represents her updated ownership position following the March 10, 2026 equity grant.

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.