Simply Good Foods (NASDAQ: SMPL) awards 88,081 RSUs to its CAO
Rhea-AI Filing Summary
KRAFT TIMOTHY RICHARD reported acquisition or exercise transactions in this Form 4 filing.
Simply Good Foods Co Chief Administrative Officer Timothy Richard Kraft received a grant of 88,081 time-based restricted stock units on July 22, 2026. Each RSU represents one share of common stock and vests in two substantially equal annual installments beginning July 22, 2027, contingent on his continuous service. Following this award, his directly reported common stock holdings in this line total 147,781 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 88,081 shares
Net Buy
1 txn
Insider
KRAFT TIMOTHY RICHARD
Role
Chf Administrative Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 88,081 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 147,781 shares (Direct)
Footnotes (1)
- F1. Represents time-based restricted stock units ("RSUs") granted under The Simply Good Foods Company Incentive Plan. Each RSU represents the contingent right to receive one share of the issuer's common stock. The RSUs vest in two substantially equal annual installments beginning on July 22, 2027, subject to the reporting person's continuous service with the issuer as of each vesting date.
Key Figures
RSUs Granted: 88,081 units
Price Per Share: $0.00 per share
Holdings After Grant: 147,781 shares
+1 more
4 metrics
RSUs Granted
88,081 units
Time-based RSUs granted on July 22, 2026 to Chief Administrative Officer
Price Per Share
$0.00 per share
Grant, award, or other acquisition of RSUs
Holdings After Grant
147,781 shares
Directly reported common stock position following the award
Vesting Start Date
July 22, 2027
RSUs vest in two substantially equal annual installments beginning on this date
Key Terms
restricted stock units, contingent right, continuous service
3 terms
restricted stock units financial
"Represents time-based restricted stock units ("RSUs") granted under The Simply Good Foods Company Incentive Plan."
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 RSU represents the contingent right to receive one share of the issuer's common stock."
continuous service financial
"subject to the reporting person's continuous service with the issuer as of each vesting date."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Simply Good Foods Co (SMPL) report for Timothy Richard Kraft?
Simply Good Foods Co reported that Chief Administrative Officer Timothy Richard Kraft received a grant of 88,081 time-based RSUs. Each unit represents one share of common stock and was awarded as part of The Simply Good Foods Company Incentive Plan.
How many restricted stock units were granted to the SMPL Chief Administrative Officer?
Chief Administrative Officer Timothy Richard Kraft was granted 88,081 restricted stock units (RSUs). These RSUs are time-based awards under the company incentive plan, each representing the right to receive one share of Simply Good Foods Co common stock.
When do Timothy Richard Kraft’s RSUs at Simply Good Foods Co (SMPL) begin vesting?
The granted RSUs begin vesting on July 22, 2027. They vest in two substantially equal annual installments, and each vesting is conditioned on Kraft’s continuous service with Simply Good Foods Co through the applicable vesting date.
What are Timothy Richard Kraft’s reported SMPL common stock holdings after this RSU grant?
After the RSU grant, Timothy Richard Kraft’s directly reported common stock position in this line totals 147,781 shares. This figure reflects his holdings following the award reported in the non-derivative transaction table.
Are the Simply Good Foods Co (SMPL) RSUs granted to Timothy Richard Kraft subject to service conditions?
Yes, the RSUs are subject to continuous service conditions. Vesting in two substantially equal annual installments beginning July 22, 2027 occurs only if Kraft remains in continuous service with Simply Good Foods Co through each vesting date.
Did the RSU grant to the SMPL Chief Administrative Officer involve a purchase price?
No purchase price was paid for the grant; the transaction price is reported as $0.00 per share. The award represents a compensation-related grant of RSUs under The Simply Good Foods Company Incentive Plan.