STOCK TITAN

Marzetti (MZTI) Form 4: CFO Receives 2,241 Restricted Stock Units

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Thomas K. Pigott, a vice president, chief financial officer and assistant secretary of The Marzetti Company (MZTI), reported an insider transaction dated 08/12/2025. The Form 4 shows Pigott was issued 2,241 restricted stock units (RSUs), each representing a contingent right to one share of common stock. The RSUs carry an exercise/issuance price of $0.0000 and are shown as directly beneficially owned following the grant.

The RSUs vest or are payable on 08/12/2028 (same date listed for exercisable and expiration), and the filing was signed by an attorney-in-fact on 08/14/2025. The filing contains no information about cash consideration, performance conditions, or the overall impact on outstanding shares.

Positive

  • 2,241 RSUs granted to the reporting officer, providing direct alignment of management and shareholder interests
  • Each RSU converts to one share (explicit explanation provided), clarifying the economic instrument

Negative

  • Vesting/issuance not immediate—RSUs are set for 08/12/2028, introducing multi-year timing before share issuance
  • No disclosure of performance conditions or aggregate dilution in the filing, limiting assessment of material impact

Insights

TL;DR: Routine executive equity grant: small RSU award reported by the CFO, typical for compensation alignment.

The Form 4 documents a non-derivative grant of 2,241 RSUs to the reporting officer on 08/12/2025 that convert one-for-one into common shares on 08/12/2028. The award is reported as directly beneficially owned and shows a $0.0000 price, consistent with restricted awards rather than open-market purchases. This appears to be a standard time-based equity award and, absent additional disclosure on vesting conditions or company-wide dilution, is likely immaterial to capital structure in isolation.

TL;DR: Governance-normal issuance: a multi-year RSU grant to a senior officer, documented via Form 4.

The filing confirms the reporting person holds the title VP, CFO and Assistant Secretary and received 2,241 RSUs subject to issuance on 08/12/2028. The signature by an attorney-in-fact is provided. The disclosure is straightforward and follows Section 16 reporting norms. The filing does not disclose committee approval, performance conditions, or aggregation with other awards, limiting assessment of governance implications beyond routine compensation reporting.

Insider Pigott, Thomas K.
Role VP, CFO and Asst. Secretary
Type Security Shares Price Value
Grant/Award Restricted Stock Units 2,241 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units — 2,241 shares (Direct)
Footnotes (1)
  1. F1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did MZTI report on 08/12/2025?

The Form 4 reports a grant of 2,241 restricted stock units (RSUs) to Thomas K. Pigott dated 08/12/2025.

When do the RSUs for MZTI reported by Pigott become shares?

The filing shows the RSUs are scheduled for issuance/exercise on 08/12/2028 and convert one-for-one into common stock.

What price is associated with the RSUs in the MZTI Form 4?

The RSUs are reported with a price of $0.0000, consistent with restricted awards rather than a cash purchase.

Who signed the Form 4 for the MZTI filing and when?

The form was signed by Patricia S. Callahan, Attorney-in-Fact on 08/14/2025.

What is Thomas K. Pigott’s role at The Marzetti Company (MZTI)?

The filing lists Pigott as VP, CFO and Assistant Secretary and reports the transaction as filed by one reporting person.
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*
Pigott, Thomas K.

(Last) (First) (Middle)
380 POLARIS PARKWAY

(Street)
WESTERVILLE OH 43082

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MARZETTI CO [ MZTI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, CFO and Asst. Secretary
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
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
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
Restricted Stock Units (1) 08/12/2025 A 2,241 08/12/2028 08/12/2028 Common Stock 2,241 $0.0000 2,241 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
Patricia S. Callahan, Attorney-in-Fact 08/14/2025
** 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.