Simply Good SEC Filings

Simply Good Foods director Robert G. Montgomery received an equity grant in the form of restricted stock units. On January 28, 2026, he was awarded 6,500 RSUs, each representing one share of common stock at a stated price of $0 per share. Following this grant, he directly beneficially owns 62,287 shares of Simply Good Foods common stock. The RSUs were granted under the company’s annual director compensation program and will vest on the first anniversary of the grant date.

Simply Good Foods Co. director Romitha Mally reported a stock-based award from the company. On 01/28/2026, she was granted 6,500 shares of common stock at a price of $0, issued as restricted stock units under the company’s annual director compensation program.

Each RSU represents the right to receive one share of common stock, and the RSUs vest on the first anniversary of the grant date. Following this grant, Mally beneficially owns 10,437 shares of Simply Good Foods common stock, held directly.

Simply Good Foods Co director James D. White received an equity award of 6,500 restricted stock units as part of the company’s annual director compensation program. Each unit represents the right to receive one share of common stock and will vest on the first anniversary of the January 28, 2026 grant date.

Simply Good Foods Co. reported that its President and CEO, Joseph Scalzo, received an award of stock options. On January 19, 2026, he was granted 2,000,000 options to purchase common stock with an exercise price of $20.93 per share. The options were granted at no cost to him and are held directly.

The options are scheduled to vest in three substantially equal annual installments beginning on January 19, 2027, and they expire on January 19, 2034. After this grant, he beneficially owned 2,000,000 stock options.

Simply Good Foods President and CEO Joseph Scalzo has filed an initial ownership report showing his current equity stake in the company. He directly owns 154,675 shares of common stock and holds several stock option awards covering additional common shares at various exercise prices and maturities. These option grants include, for example, 66,925 shares at an exercise price of $24.15 expiring on 11/08/2029 and 270,800 shares at $12.00 expiring on 07/14/2027, all held directly. Most of these options are described as fully vested based on prior three-year vesting schedules, while one grant continues to vest in three substantially equal annual installments starting November 8, 2023, contingent on his continued service with the company.

The Simply Good Foods Company announced a leadership change, bringing back Joseph E. Scalzo as President and Chief Executive Officer effective January 19, 2026. He replaces Geoff Tanner, who stepped down as President, CEO, and director effective January 18, 2026, and will join the board again after the January 28, 2026 annual meeting.

Scalzo’s employment agreement includes a base salary of $1,100,000 and a target annual bonus equal to 150% of salary, plus a one-time option to purchase 2,000,000 shares of common stock at fair market value, vesting over three years. In a change-in-control severance scenario, he is eligible for cash severance equal to three times salary, target bonus and COBRA premiums, along with accelerated equity vesting.

Under a separation agreement, Tanner will receive cash severance of $3,519,454 and a prorated 2026 bonus of $350,568, and certain options and restricted stock units covering over 250,000 shares vest. Separately, Chief Accounting Officer Timothy A. Matthews resigned effective February 6, 2026, with CFO Christopher J. Bealer assuming principal accounting officer duties.

The Simply Good Foods Company reported lower profitability for the thirteen weeks ended November 29, 2025, despite essentially flat sales. Net sales were $340.2 million, down 0.3% from $341.3 million a year earlier, as Atkins distribution declines and modest OWYN softness were largely offset by Quest volume growth. Gross profit fell to $109.9 million with gross margin compressing to 32.3% from 38.2% due to higher ingredient costs, tariffs, and lower OWYN margins. Net income declined to $25.3 million from $38.1 million, and diluted EPS fell to $0.26 from $0.38. Adjusted EBITDA decreased to $55.6 million from $70.1 million. Cash from operations improved to $50.1 million, aided by working capital, and cash on hand reached $194.1 million. Long‑term debt under the Term Facility increased to $400.0 million after a $150.0 million incremental borrowing that extended maturity to March 2030. The company repurchased 4.98 million shares for $99.6 million in the quarter and later enlarged its repurchase authorization to leave about $224.0 million available as of January 6, 2026.

The Simply Good Foods Company filed a current report to note that it reported its results for the fiscal first quarter ended November 29, 2025, through a press release and investor presentation. The detailed financial and operating results are contained in the press release furnished as Exhibit 99.1 and in materials posted on the company’s website.

The company emphasizes that the press release and related information are being furnished, not filed, which affects how they may be incorporated into other regulatory documents. The report also highlights that the press release contains forward-looking statements and outlines numerous business risks, including changing consumer preferences, supply chain constraints, inflation and tariffs, competition, cost pressures, acquisition integration, regulatory changes, technology and cybersecurity issues, and broader economic and geopolitical conditions that could cause actual results to differ from expectations.