Mama's Creations (MAMA) CEO sells shares under plan, receives 82,300 RSUs
Rhea-AI Filing Summary
Mama's Creations, Inc. Chief Executive Officer Adam Laurance Michaels reported both share sales and a new equity award. On April 16, 2026, he sold a total of 16,223 shares of common stock in open-market transactions at weighted average prices of $15.27 and $15.84 per share, under a pre-arranged Rule 10b5-1 “sell to cover” plan designed to satisfy tax withholding obligations on previously granted stock awards.
On April 17, 2026, he received a grant of 82,300 restricted stock units at no cash cost, which will vest in three substantially equal annual installments on April 15, 2027, April 15, 2028, and April 15, 2029. Following these transactions, he directly holds 777,588 shares of Mama's Creations common stock.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 82,300 | $0.00 | $0.00 |
| Sale | Common Stock | 15,379 | $15.271 | $235K |
| Sale | Common Stock | 844 | $15.841 | $13K |
Footnotes (5)
- F1. Sales effected pursuant to a Rule 10b5-1 "sell to cover" trading plan adopted by the reporting person on July 13, 2025 for the purpose of satisfying the Reporting Person's tax withholding obligations upon the settlement of previously granted stock awards.
- F2. Reflects the weighted average price of 15,148 shares of common stock of Mama's Creations, Inc. sold by the reporting person in multiple transactions on April 16, 2026, with sale prices ranging from $14.78 to $15.77 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3. Reflects the weighted average price of 844 shares of common stock of Mama's Creations, Inc. sold by the reporting person in multiple transactions on April 16, 2026, with sale prices ranging from $15.78 to $15.93 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F4. Restricted stock units ("RSUs") scheduled to vest in three substantially equal annual installments on each of April 15, 2027, April 15, 2028 and April 15, 2029.
- F5. Each RSU represents a contingent right to receive one share of MAMA common stock.
Key Figures
Key Terms
Rule 10b5-1 regulatory
sell to cover financial
restricted stock units ("RSUs") financial
weighted average price financial
contingent right financial
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