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