Tyson Foods (TSN) COO Wes Morris details stock, RSU and option holdings
Rhea-AI Filing Summary
Tyson Foods Chief Operating Officer Wes Morris reported his initial ownership in the company. He directly holds 44,319.814 shares of Class A Common Stock. He also has several performance share awards tied to Class A stock, with underlying amounts of 28,876.444, 51,131.081 and 61,551.087 shares.
In addition, Morris holds non-qualified stock options covering 59,183 shares at an exercise price of $64.54 per share expiring on November 18, 2034, and 22,065 shares at $48.74 per share expiring on November 17, 2033. Footnotes describe time-based RSUs and performance-based awards that can vest between 50 and 200 percent based on multi-year operating income and relative total shareholder return targets.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Non-Qualified Stock Options (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Options (Right to Buy) | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Includes 5,641.649 shares of Class A Common Stock that vest on November 17, 2026; 9,050.079 restricted stock units ("RSUs") granted on November 18, 2024, representing the unvested portion of such grant following the vesting of the first annual installment, which remaining RSUs vest in equal annual installments on the second and third anniversaries of the grant date; and 29,628.038 RSUs granted on November 25, 2025, which vest in equal annual installments on the first, second and third anniversaries of the grant date and become fully vested after three years. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. These options vest in equal annual increments on each of the first, second and third anniversary dates of the grant and become fully vested after three years.
- F3. Award of performance Class A Common Stock which vests on November 17, 2026 if the performance metrics described in the applicable Stock Incentive Agreement (the "SIA") are achieved. The performance metrics set forth in the SIAs are: (1) achievement of a three year (fiscal 2024-2026) cumulative operating income target; and (2) a favorable comparison of the relative total shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over a three year (fiscal 2024-2026) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50 to 200 percent and are reported as derivative securities at the 200 percent level. If none of the performance metrics are achieved, the award expires.
- F4. Award of performance Class A Common Stock which will vest on November 18, 2027 if the performance metrics described in the applicable Stock Incentive Agreement (the SIA) are achieved. The performance metrics set forth in the SIAs are: (1) achievement of a three-year (fiscal 2025-2027) cumulative operating income target; and (2) a favorable comparison of the relative total shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over a three-year (fiscal 2025-2027) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50 to 200 percent and are reported as derivative securities at the 200 percent level. If none of the performance metrics are achieved, the award expires.
- F5. Award of performance Class A Common Stock which will vest on the third anniversary date of the grant if the performance metrics described in the applicable Stock Incentive Agreement (the "SIA") are achieved. The performance metrics set forth in the SIAs are: (1) achievement of a three-year (fiscal 2026-2028) cumulative operating income target; and (2) a favorable comparison of the relative total shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over a three-year (fiscal 2026-2028) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50 to 200 percent and are reported as derivative securities at the 100 percent level. If none of the performance metrics are achieved, the award expires.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
Non-Qualified Stock Options (Right to Buy) financial
Stock Incentive Agreement financial
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