Nathan's Famous SVP Leigh Platte returns 863 shares
The merger terms provide $102.00 in cash per outstanding share, without interest and less applicable withholding tax.
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Rhea-AI Filing Summary
Nathan's Famous, Inc. SVP, Food Service Leigh Platte reported returning 863 shares to the issuer on October 26, 2026; the reported direct position afterward was zero shares. At the merger closing, each outstanding common share was cancelled and automatically converted into a right to receive $102.00 in cash per share, without interest and less any applicable withholding tax.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1 | 863 | -- | -- |
Footnotes (1)
- F1. On October 26, 2026, Nathan's Famous Inc., a Delaware corporation (the "Company"), consummated the transactions contemplated by that certain Agreement and Plan of Merger, dated January 20, 2026 (the "Merger Agreement"), by and among the Company, Smithfield Foods, Inc., a Virginia corporation ("Parent") and Boardwalk Merger Sub Inc., a Delaware corporation and wholly-owned subsidiary of Parent (the "Closing"). Upon the Closing, each outstanding share of common stock, par value $0.01 per share, of the Company ("Common Stock") was cancelled and automatically converted into the right to receive $102.00 in cash, without interest and less any applicable withholding tax, under the terms and subject to the conditions set forth in the Merger Agreement.
Key Figures
Key Terms
Merger Agreement financial
withholding tax financial
automatically converted into the right to receive regulatory
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AI-generated analysis. How Rhea-AI works. Not financial advice.