The Marzetti Company (MZTI) filed a Form 10-K reporting fiscal 2025 results and disclosures. Operating income rose to $220.3 million, up 10.5% from 2024 driven by higher gross profit and lower restructuring charges. Diluted EPS was $6.07 versus $5.76 in 2024. SG&A increased 5.6% to $230.2 million, including IT investments and costs from the Atlanta plant acquisition. The company recorded $4.5 million of restructuring and impairment charges in 2025 tied to a planned Milpitas, CA facility closure and $0.6 million for transportation changes; 2024 restructuring charges totaled $14.9 million plus a $2.6 million inventory write-down. Net cash: $161 million; shareholders' equity: $998 million; no debt at June 30, 2025. The company acquired an Atlanta sauce plant for $78.8 million in Feb 2025 and expects 2026 capex of $75-$85 million. Major customers: Walmart ~19% of net sales and Chick-fil-A ~21% of consolidated net sales in both 2025 and 2024. Management highlights cybersecurity controls, a terminated pension plan with a $14.0 million settlement charge, and a new 15-year Columbus lease with $159 million fixed payments beginning fiscal 2027.
The Marzetti Company filed a current report to note that it released earnings results for the three months and fiscal year ended June 30, 2025. The company states that it issued a press release on August 21, 2025 covering its results of operations and financial condition.
The full financial details are provided in the press release, which is furnished as Exhibit 99.1 to this report, rather than included in the body of the filing itself.
Insider transaction disclosed: The Form 4 shows Thomas K. Pigott, VP, CFO and Assistant Secretary of The Marzetti Company (MZTI), reported a sale of 532 shares of common stock on 08/16/2025 at a price of $180.29 per share. After the sale he beneficially owns 14,793 shares directly. The form was signed by Patricia S. Callahan as attorney-in-fact on 08/19/2025.
David A. Ciesinski, President, CEO and Director of The Marzetti Company (MZTI), reported an insider sale. On 08/16/2025 he disposed of 2,674 shares of common stock at $180.29 per share, leaving 51,970 shares beneficially owned. The Form 4 was signed by attorney-in-fact Patricia S. Callahan on 08/19/2025.
Kristin Bird, President of the Foodservice Division and a director of The Marzetti Company (MZTI), reported the sale of 319 shares of Marzetti common stock on 08/16/2025 at a reported price of $180.29 per share. Following this transaction, she beneficially owns 4,890 shares directly. The Form 4 was signed by Patricia S. Callahan as attorney-in-fact and dated 08/19/2025. No derivative transactions were reported on this filing.
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.
David Alan Ciesinski, President and CEO and a director of The Marzetti Company (MZTI), reported receipt of 8,714 restricted stock units (RSUs) on 08/12/2025. Each RSU represents the contingent right to one share of the issuer's common stock. The RSUs are listed as derivative securities with an exercise/conversion price of $0.0000 and are shown as exercisable and expiring on 08/12/2028. Following the reported transaction, 8,714 underlying shares are beneficially owned directly by the reporting person. The Form 4 filing was signed by an attorney-in-fact on 08/14/2025.
Kristin Bird, President–Foodservice Division of The Marzetti Company (MZTI), received a grant of 1,245 restricted stock units on 08/12/2025. Each restricted stock unit represents a contingent right to one share of the company's common stock, exercisable and expiring on 08/12/2028, with a reported grant price of $0.0000. Following the grant, Ms. Bird beneficially owns 1,245 shares attributable to these awards, held in a direct ownership form. The Form 4 was signed by Patricia S. Callahan as attorney-in-fact on 08/14/2025.
Tanya Berman, identified as President—Retail Business Unit, reported receipt of 1,245 restricted stock units (RSUs) of Marzetti Co. (MZTI) on 08/12/2025. Each RSU represents a contingent right to receive one share of the issuer's common stock. The RSUs were granted (Transaction Code A) and are scheduled with a vesting/exercise date and expiration on 08/12/2028. Following the grant, Ms. Berman beneficially owns 1,245 shares directly. The Form 4 was signed by an attorney-in-fact on 08/14/2025.
Marzetti Co. (MZTI) Form 4 filed for Luis Viso, Chief Supply Chain Officer, reports the acquisition of 1,245 restricted stock units (RSUs) on 08/12/2025. Each RSU represents a contingent right to one share of common stock.
The RSUs are listed as acquired (code A) with a conversion price of $0.0000. The RSUs have a date exercisable and expiration date shown as 08/12/2028, and 1,245 shares are reported as beneficially owned following the transaction in a direct ownership form. The Form 4 was signed by an attorney-in-fact on 08/14/2025.