[Form 4] SpartanNash Co Insider Trading Activity

Rhea-AI Filing Summary

SpartanNash (SPTN) insider report shows complete cash-out of holdings due to a merger on September 22, 2025. The filer, director Pamela Puryear, disposed of 18,345 shares and 7,847 additional shares tied to restricted stock units at $26.90 per share, leaving zero shares beneficially owned after the transactions. The filing explains C&S Wholesale Grocers, LLC completed an acquisition under a Merger Agreement dated June 22, 2025, and at the Effective Time all outstanding SpartanNash stock was cancelled and converted into the right to receive $26.90 per share; outstanding SpartanNash RSUs automatically vested, were cancelled, and converted into the same cash payment.

Positive

• Definitive cash consideration: All shares and RSUs converted to $26.90 per share, providing clear liquidity to holders.
• Complete disclosure: Form 4 specifies exact share counts disposed (18,345 and 7,847) and resulting ownership of 0 shares.

Negative

• Public equity eliminated: The merger cancelled all outstanding SpartanNash stock, removing future public equity upside for holders.
• Director no longer holds equity: Reporting person’s beneficial ownership is reduced to zero, eliminating alignment via share ownership.

Insights

Financial Analyst

TL;DR: A completed acquisition generated a full cash-out for equity holders at $26.90 per share.

The Form 4 documents a corporate control event that eliminated public equity and delivered a fixed per-share cash consideration. From a financial standpoint, the transaction is definitive and material: all common shares were cancelled and converted into cash, and RSUs were accelerated and paid similarly. This creates immediate liquidity for holders at the stated price and removes future exposure to SpartanNash equity performance. The filing provides clear transaction pricing and final ownership counts, supporting valuation transparency for the exit.

Corporate Governance Expert

TL;DR: The director’s holdings were fully extinguished through merger mechanics, with RSUs vested and cashed out.

The disclosure fits standard Section 16 reporting for a change in beneficial ownership driven by a merger. It confirms that restricted awards were treated consistently with outstanding common stock, automatically vesting and converting to cash consideration at the Effective Time. The signed attorney-in-fact filing indicates proper execution of reporting obligations. The document supplies specific share counts and per-share cash consideration, enabling stakeholders to verify treatment of equity awards under the Merger Agreement.

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
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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^*

Puryear Pamela

(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		18,345	D	$26.9(1)	7,847	D
Common Stock	09/22/2025		D		7,847	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 Puryear Pamela	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 happened to SpartanNash (SPTN) shares held by director Pamela Puryear?

According to the Form 4, Ms. Puryear disposed of 18,345 shares and 7,847 shares tied to RSUs on 09/22/2025 at $26.90 per share, resulting in 0 shares owned.

Why were SpartanNash restricted stock units (RSUs) converted to cash?

The filing states that under the Merger Agreement with C&S Wholesale Grocers, LLC, all outstanding RSUs automatically vested, were cancelled, and converted into the right to receive $26.90 per share.

Who acquired SpartanNash and when did the acquisition become effective?

The Form 4 identifies C&S Wholesale Grocers, LLC as the acquirer and states the Effective Time occurred on 09/22/2025 pursuant to the Merger Agreement dated June 22, 2025.

Does the Form 4 show any remaining beneficial ownership for the reporting person?

No. The filing shows the reporting person’s beneficial ownership after the reported transactions is 0.00 shares.

Who signed the Form 4 on behalf of the reporting person?

The Form 4 was signed by Ileana McAlary as Attorney-in-Fact for Pamela Puryear on 09/22/2025.