Mama's Creations CEO sells 69,683 shares for taxes
The reported sale was made under a sell-to-cover plan to satisfy tax withholding on previously granted restricted stock awards.
Rhea-AI Filing Summary
Mama's Creations, Inc. Chief Executive Officer Adam Laurance Michaels received an award of 14,814 restricted stock units on September 22, 2026, scheduled to vest and settle in equivalent common shares in four substantially equal annual installments. On September 23, 2026, he sold 69,683 common shares at a weighted average price of $13.3068 per share under a Rule 10b5-1 “sell to cover” plan adopted July 13, 2025, to satisfy tax-withholding obligations upon settlement of previously granted restricted stock awards.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2, F3 | 69,683 | $13.3068 | $927K |
| Grant/Award | Common Stock F1 | 14,814 | $0.00 | $0.00 |
Footnotes (3)
- F1. Restricted stock units scheduled to vest and settle into an equivalent number of shares of common stock in four substantially equal annual installments on September 22, 2027, 2028, 2029, and 2030.
- F2. 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 restricted stock awards.
- F3. Reflects the weighted average price of 69,683 shares of common stock of Mama's Creations, Inc. sold by the reporting person in multiple transactions on September 23, 2026, with sale prices ranging from $13.04 to $13.69 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.
Key Figures
Key Terms
Rule 10b5-1 regulatory
sell to cover financial
restricted stock units financial
weighted average price financial
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