[Form 4] SpartanNash Co Insider Trading Activity

Rhea-AI Filing Summary

Douglas A. Hacker, a director of SpartanNash Company (SPTN), reported the disposition of all his equity holdings in connection with the closing of a merger on September 22, 2025. Under the merger, C&S Wholesale Grocers, LLC acquired SpartanNash and each outstanding common share was converted into the right to receive $26.90 per share. The filing shows Mr. Hacker disposed of 71,582 common shares and then 9,074 restricted stock units that vested and were converted to cash, leaving 0 shares beneficially owned after the transactions. The Form 4 is signed by an attorney-in-fact on behalf of Mr. Hacker.

Positive

• Merger consummated with clear cash consideration of $26.90 per share
• All RSUs vested and converted to cash, ensuring compensation holders received deal consideration

Negative

• Director no longer holds equity in SpartanNash after the transactions
• Complete cash-out removes insider equity alignment post-transaction

Insights

Corporate Governance Expert

TL;DR: Director’s entire equity stake was cashed out at merger price, leaving no residual ownership and eliminating a director-level insider holding.

The Form 4 documents a routine, merger-driven liquidation of insider holdings rather than a voluntary market sale. All common shares and outstanding RSUs were converted to cash at $26.90 per share as part of the acquisition by C&S Wholesale Grocers, LLC. From a governance perspective, the director no longer holds equity, which removes a potential alignment signal between board and shareholders but is a direct consequence of the corporate control transaction rather than a standalone governance action.

M&A Specialist

TL;DR: The filing confirms deal closing mechanics: stock cancellation and cash-out at the agreed $26.90 per share consideration.

Details show the Merger Agreement executed a full cash-out of SpartanNash stock and automatic vesting and cancellation of RSUs, consistent with typical acquisition consideration mechanics. The dual reported dispositions (shares and RSUs) and accompanying explanatory notes clearly map to the merger’s effective-time conversion provisions. This is material to shareholders because it documents consummation of the transaction and cash consideration received by an insider.

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

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X

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^*

HACKER DOUGLAS A

(Last) (First) (Middle)

850 76TH STREET SW

(Street)

GRAND RAPIDS MI 49518

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SpartanNash Co [ SPTN ]

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)
09/22/2025

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	09/22/2025		D		71,582	D	$26.9(1)	9,074	D
Common Stock	09/22/2025		D		9,074	D	$26.9(2)	0.00	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. On September 22, 2025, C&S Wholesale Grocers, LLC acquired the Issuer pursuant to an Agreement and Plan of Merger dated June 22, 2025 (the "Merger Agreement") by and among SpartanNash Company, New Mackinac HoldCo, Inc., Mackinac Merger Sub, Inc., and C&S Wholesale Grocers, LLC. At the Effective Time (as defined in the Merger Agreement), all outstanding SpartanNash Company stock was canceled immediately prior to the Effective Time and converted into the right to receive a cash payment of $26.90 a share.

2. Pursuant to the Merger Agreement, each SpartanNash restricted stock unit ("SpartanNash RSU") outstanding immediately prior to the Effective Time automatically vested and was cancelled and converted into the right to receive a cash payment of $26.90 in respect of each share of SpartanNash Company stock subject to such SpartanNash RSU.

Remarks:

	/s/ Ileana McAlary, as Attorney-in-Fact for HACKER DOUGLAS A	09/22/2025
	** 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 transactions did Douglas A. Hacker report on Form 4 for SPTN?

The Form 4 reports dispositions of 71,582 common shares and 9,074 restricted stock units on September 22, 2025.

Why were the shares and RSUs disposed of in the SPTN Form 4?

They were converted into cash under the Merger Agreement when C&S Wholesale Grocers, LLC acquired SpartanNash; each share/RSU converted to $26.90 in cash.

What is the final beneficial ownership for Douglas A. Hacker after the reported transactions?

Following the reported transactions, the Form 4 shows 0 shares beneficially owned.

When did the merger that triggered the Form 4 transactions become effective?

The transactions occurred at the Effective Time of the Merger on September 22, 2025, per the explanatory note.

Who signed the Form 4 for Douglas A. Hacker?

The Form 4 is signed by Ileana McAlary, as Attorney-in-Fact for Douglas A. Hacker, dated 09/22/2025.