Tractor Supply (TSCO) EVP Estep exercises options and sells 59,745 shares

Rhea-AI Filing Summary

Tractor Supply Company executive Jonathan S. Estep, EVP Chief Merchandise Officer, reported multiple equity transactions. On February 10, 2026, he acquired 7,235 shares of common stock at $0 pursuant to restricted stock units that vest in three equal installments in 2027, 2028, and 2029. He also received an employee stock option for 32,389 shares at an exercise price of $53.78, vesting in three equal installments starting February 10, 2027.

On February 11, 2026, Estep exercised 59,745 stock options at $28.64 per share and sold 59,745 shares of common stock in open-market transactions at a weighted average price of $54.03. Following these transactions, he directly owned 80,930.88 shares of common stock and indirectly held 1,015.86 shares through a Stock Purchase Plan.

Insider Trade Summary

Net Seller: 59,745 shares ($3,228,022)

Net Sell 6 txns

Insider Estep Jonathan S

Role EVP Chief Merchandise Officer

Sold 59,745 shs ($3.23M)

Type	Security	Shares	Price	Value
Exercise	Employee stock option	59,745	$0.00	--
Exercise	Common stock	59,745	$28.64	$1.71M
Sale	Common stock	59,745	$54.03	$3.23M
Grant/Award	Employee stock option	32,389	$0.00	--
Grant/Award	Common stock	7,235	$0.00	--
holding	Common stock	--	--	--

Holdings After Transaction: Employee stock option — 0 shares (Direct); Common stock — 140,675.88 shares (Direct); Common stock — 1,015.86 shares (Indirect, Stock Purchase Plan)

Footnotes (1)

1. Shares were acquired pursuant to a grant of restricted stock units (RSUs) under the Tractor Supply Company 2018 Omnibus Incentive Plan. Each RSU entitles the reporting person to receive one share of common stock. The RSUs vest as follows: 33 1/3% on February 10, 2027, 33 1/3% on February 10, 2028 and 33 1/3% on February 10, 2029. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.01 to $54.08, inclusive. Granted pursuant to the Tractor Supply Company 2018 Omnibus Incentive Plan. The shares subject to this option will vest, subject to conditions, and become exercisable as follows: 33 1/3% on February 10, 2027, 33 1/3% on February 10, 2028, and 33 1/3% on February 10, 2029. Granted pursuant to the Tractor Supply Company 2018 Omnibus Incentive Plan. The shares subject to this option vested and became exercisable as follows: 33 1/3% on February 3, 2022, 33 1/3% on February 3, 2023, and 33 1/3% on February 3, 2024.

Form 4 Insider Transactions: What Each Field Means →

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^*

Estep Jonathan S

(Last) (First) (Middle)

C/O TRACTOR SUPPLY COMPANY

5401 VIRGINIA WAY

(Street)

BRENTWOOD TN 37027

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TRACTOR SUPPLY CO /DE/ [ TSCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Chief Merchandise Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026

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	02/10/2026		A		7,235	A(1)	$0	80,930.88	D
Common stock	02/11/2026		M		59,745	A	$28.64	140,675.88	D
Common stock	02/11/2026		S(2)		59,745	D	$54.03	80,930.88	D
Common stock								1,015.86	I	Stock Purchase Plan

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
Employee stock option	$53.78	02/10/2026		A		32,389		(3)	02/10/2036	Common stock	32,389	$0	32,389	D
Employee stock option	$28.64	02/11/2026		M			59,745	(4)	02/03/2031	Common stock	59,745	$0	0	D

Explanation of Responses:

1. Shares were acquired pursuant to a grant of restricted stock units (RSUs) under the Tractor Supply Company 2018 Omnibus Incentive Plan. Each RSU entitles the reporting person to receive one share of common stock. The RSUs vest as follows: 33 1/3% on February 10, 2027, 33 1/3% on February 10, 2028 and 33 1/3% on February 10, 2029.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.01 to $54.08, inclusive.

3. Granted pursuant to the Tractor Supply Company 2018 Omnibus Incentive Plan. The shares subject to this option will vest, subject to conditions, and become exercisable as follows: 33 1/3% on February 10, 2027, 33 1/3% on February 10, 2028, and 33 1/3% on February 10, 2029.

4. Granted pursuant to the Tractor Supply Company 2018 Omnibus Incentive Plan. The shares subject to this option vested and became exercisable as follows: 33 1/3% on February 3, 2022, 33 1/3% on February 3, 2023, and 33 1/3% on February 3, 2024.

Remarks:

	Jonathan S. Estep by: /s/ Philip L. Codington, as Attorney-in-fact	02/12/2026
	** 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 insider transactions did TSCO executive Jonathan Estep report on this Form 4?

Jonathan Estep reported a grant of restricted stock units, a new employee stock option award, the exercise of 59,745 stock options, and the sale of 59,745 Tractor Supply common shares in open-market transactions at a weighted average price of $54.03 per share.

How many Tractor Supply (TSCO) shares did Jonathan Estep sell and at what price?

Jonathan Estep sold 59,745 shares of Tractor Supply common stock. The shares were sold in multiple open-market trades at prices ranging from $54.01 to $54.08, resulting in a weighted average sale price reported as $54.03 per share in the filing.

What new equity awards did Jonathan Estep receive from Tractor Supply (TSCO)?

Jonathan Estep received 7,235 shares of common stock via restricted stock units and an employee stock option for 32,389 shares at a $53.78 exercise price. Both awards were granted under the Tractor Supply Company 2018 Omnibus Incentive Plan and vest in three equal annual installments.

When do Jonathan Estep’s new Tractor Supply (TSCO) RSUs and options vest?

The restricted stock units and the newly granted employee stock option each vest in three equal installments. Vesting dates are February 10, 2027, February 10, 2028, and February 10, 2029, subject to applicable conditions described in the Tractor Supply Company 2018 Omnibus Incentive Plan.

How many Tractor Supply (TSCO) shares does Jonathan Estep own after these transactions?

After the reported transactions, Jonathan Estep directly owns 80,930.88 shares of Tractor Supply common stock. He also has an indirect holding of 1,015.86 shares through a Stock Purchase Plan, as shown in the beneficial ownership column of the Form 4 filing.

What stock options did Jonathan Estep exercise in this Tractor Supply (TSCO) filing?

Jonathan Estep exercised employee stock options covering 59,745 Tractor Supply common shares at an exercise price of $28.64 per share. These options were originally granted under the 2018 Omnibus Incentive Plan and had vested in three equal tranches during 2022, 2023, and 2024.