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Simply Good Foods (SMPL) Director Receives 1,722 RSUs; Vesting Date Disclosed

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

David J. West, a director of The Simply Good Foods Company (SMPL), received 1,722 restricted stock units (RSUs) on 09/06/2025 as part of the companys non-employee director annual equity compensation. The RSUs were granted at no cash cost (price $0) and vest in full on January 27, 2026, with each RSU representing the contingent right to one share of common stock. After the grant, Mr. Wests reported beneficial ownership of Simply Good Foods common stock is 2,001,300 shares. The Form 4 was signed by an attorney-in-fact on 09/09/2025.

Positive

  • Grant disclosed transparently: 1,722 RSUs reported with transaction date and vesting date specified
  • Clear vesting schedule: RSUs vest in full on 01/27/2026, providing transparency on timing of potential share issuance
  • Beneficial ownership reported: Post-grant ownership quantified at 2,001,300 shares

Negative

  • None.

Insights

TL;DR: A routine director equity grant of 1,722 RSUs aligns non-employee director compensation timing with the annual meeting.

The grant is described as part of an administrative timing shift for annual equity awards to non-employee directors and vests on a specified future date, indicating compensation alignment rather than performance-based issuance. The disclosure is standard for director compensation and does not indicate any change in board composition or control. Reported beneficial ownership of 2,001,300 shares provides context for Mr. Wests stake but the filing contains no broader governance actions.

TL;DR: This Form 4 reports a non-cash RSU grant; it is a routine issuance with limited direct market impact.

The transaction codes and fields show an acquisition of 1,722 RSUs at $0 under normal director compensation practices, with vesting on 01/27/2026. The post-transaction beneficial ownership figure is provided, but there is no sale, exercise, or cash consideration disclosed. From a reporting perspective, this is a standard insider grant disclosure without immediate share issuance.

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*
WEST DAVID J

(Last) (First) (Middle)
1225 17TH STREET, SUITE 1000

(Street)
DENVER CO 80202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Simply Good Foods Co [ SMPL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/06/2025
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
Common Stock 09/06/2025 A 1,722(1) A $0 2,001,300 D
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
Explanation of Responses:
1. Represents restricted stock units, or RSUs, that are a portion of each non-employee director's annual equity compensation as the issuer transitions the timing of non-employee director annual equity grants to align with the issuer's Annual Meeting. The RSUs vest in full on January 27, 2026. Each RSU represents the contingent right to receive one share of the issuer's common stock.
Remarks:
/s/ Timothy R. Kraft, as Attorney-in-Fact for David J. West 09/09/2025
** 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.

FAQ

What did David J. West report on the Form 4 for SMPL?

Mr. West reported an acquisition of 1,722 restricted stock units (RSUs) on 09/06/2025 as part of director compensation.

When do the RSUs granted to SMPL director David J. West vest?

The RSUs vest in full on January 27, 2026 and each RSU represents the contingent right to one share of common stock.

What is David J. West's reported beneficial ownership after the grant?

Following the reported transaction, Mr. West's beneficial ownership is reported as 2,001,300 shares.

What was the price paid for the RSUs on the Form 4?

The RSUs were recorded with a price of $0, indicating a non-cash grant as part of compensation.

Who signed the Form 4 for David J. West and when?

The Form 4 was signed by Timothy R. Kraft as Attorney-in-Fact for David J. West on 09/09/2025.
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1.58B
84.28M
Packaged Foods
Food and Kindred Products
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United States
DENVER