Marzetti (MZTI) awards 1,947 RSUs to foodservice division head
Rhea-AI Filing Summary
MARZETTI CO (MZTI) reported that a company officer received an equity compensation grant. On 2026-08-18, the President-Foodservice Division, as reporting person, was granted 1,947 Restricted Stock Units, each representing a contingent right to receive one share of MARZETTI CO common stock, with an exercise and expiration date of 2029-08-18. Following this grant, the officer directly holds 1,947 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bird Kristin
Role
President-Foodservice Division
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 1,947 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 1,947 shares (Direct)
Footnotes (1)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
Key Figures
Restricted Stock Units granted: 1,947 units
Underlying common stock: 1,947 shares
Exercise date: 2029-08-18
+2 more
5 metrics
Restricted Stock Units granted
1,947 units
Equity award to President-Foodservice Division on 2026-08-18
Underlying common stock
1,947 shares
Each RSU represents a contingent right to one share of common stock
Exercise date
2029-08-18
Stated exercise date for the RSU award
Expiration date
2029-08-18
Stated expiration date for the RSU award
Post-transaction RSU holdings
1,947 units
Total RSUs directly held by the officer after the grant
Key Terms
Restricted Stock Units, contingent right, derivative
3 terms
Restricted Stock Units financial
"The security title is listed as "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
derivative financial
"The transaction type is identified as "derivative" for the RSU grant"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
What insider transaction did MARZETTI CO (MZTI) report in this Form 4?
MARZETTI CO reported that its President-Foodservice Division received a grant of 1,947 Restricted Stock Units on 2026-08-18 as equity compensation, each unit being a contingent right to one share of common stock.
How many MARZETTI CO (MZTI) RSUs were granted to the reporting officer?
The reporting officer was granted 1,947 Restricted Stock Units. Each restricted stock unit represents a contingent right to receive one share of MARZETTI CO common stock, resulting in direct holdings of 1,947 RSUs after the transaction.
What is the nature of the security granted in the MARZETTI CO (MZTI) Form 4?
The security is Restricted Stock Units, a derivative equity award. Each RSU represents a contingent right to receive one share of MARZETTI CO common stock, rather than an immediate issuance of shares.
When do the MARZETTI CO (MZTI) RSUs reported in the Form 4 exercise or expire?
The reported Restricted Stock Units have an exercise date of 2029-08-18 and an expiration date of 2029-08-18, as disclosed for this equity award to the President-Foodservice Division.
Was the MARZETTI CO (MZTI) insider transaction a purchase or a grant?
The transaction was a grant/award acquisition coded "A" on Form 4, indicating an equity award of 1,947 Restricted Stock Units to the officer, not an open-market purchase or sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.