Simply Good Foods (SMPL) Director Grant: 1,722 RSUs Vest Jan 27, 2026
Rhea-AI Filing Summary
The filing shows that David W. Ritterbush, a director of Simply Good Foods Co. (SMPL), acquired 1,722 restricted stock units (RSUs) on 09/06/2025 as part of non-employee director annual equity compensation. The RSUs were granted at a $0 purchase price and vest in full on January 27, 2026. After the grant, Ritterbush beneficially owns 20,100 shares of common stock. The RSUs represent the contingent right to receive one share per unit when they vest. The Form 4 was signed by an attorney-in-fact on 09/09/2025.
Positive
- Acquisition of 1,722 RSUs increases director alignment with shareholders
- RSUs vest on January 27, 2026, providing a clear vesting schedule
- Post-transaction beneficial ownership reported as 20,100 shares, stated explicitly
Negative
- None.
Insights
TL;DR: Director received 1,722 RSUs at no cost, increasing beneficial holdings to 20,100 shares; vesting completes January 27, 2026.
This transaction is a routine non-employee director equity grant disclosed on Form 4. The grant was recorded as an acquisition of RSUs with a $0 price, consistent with standard compensation practices to align director incentives with shareholders. The post-transaction beneficial ownership figure is explicitly reported as 20,100 shares. There are no cash proceeds, derivative exercises, or dispositions reported.
TL;DR: Standard director equity award disclosed; RSUs vest in January 2026 and convert to one share each upon vesting.
The filing indicates the company adjusted timing of director equity grants to align with its Annual Meeting, and this award is part of that transition. The RSUs vest in full on a single date and each unit converts to one share upon vesting, as stated. The signature is by an attorney-in-fact, which is acceptable under reporting rules. No other governance changes or unusual terms are disclosed in this Form 4.