TSN insider John Tyson details cash-settled stock and performance awards
Rhea-AI Filing Summary
Tyson Foods (TSN) director and Chairman of the Board John H. Tyson reported equity compensation changes involving restricted stock and performance shares. On November 18, 2025, 24,055.905 shares of restricted Class A common stock vested and were settled entirely in cash for $1,290,839.86, with $532,110.01 withheld for taxes, and no shares issued.
He also reported performance share activity under the 2000 Stock Incentive Plan. A grant received on November 17, 2023 vested 30,775.545 performance shares on November 17, 2025 and was settled in cash for $1,634,489.19, with $550,048.50 withheld for taxes. Another performance share grant received on November 18, 2022, which could have vested up to 200 percent based on multi-year operating income, shareholder return, and return on invested capital targets, expired on November 18, 2025 without any shares vesting. Following these transactions, Tyson beneficially owned 2,980,514.464 shares of Class A common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Shares | 91,575.092 | $0.00 | -- |
| Other | Class A Common Stock | 24,055.905 | $0.00 | -- |
| Exercise | Performance Shares | 30,775.545 | $0.00 | -- |
Footnotes (1)
- On November 18, 2025, 24,055.905 shares of restricted Class A Common Stock vested. The restricted shares were previously reported as beneficially owned by the Reporting Person. The vested shares were settled in cash, as provided for under the terms of the 2000 Stock Incentive Plan, with the Reporting Person receiving $1,290,839.86, based on the closing price of the shares on the date of vesting, less $532,110.01 withheld by the Issuer to satisfy tax withholding obligations, with no shares issued to the Reporting Person. Upon settlement of the vested shares in cash, the vested shares were removed from the Reporting Person's aggregate beneficial ownership. Includes 1,196.386 shares of the Issuer's Class A Common Stock received by the Reporting Person pursuant to the Issuer's dividend reinvestment plan since the last Statement of Changes in Beneficial Ownership was filed by the Reporting Person. Such acquisitions are exempt from Section 16 concurrent reporting requirements pursuant to Rule 16a-11. On November 17, 2023 the Reporting Person received a grant of performance shares which would vest in equal installments over two years, the balance of which vested on November 17, 2025 subject to the achievement of a performance metric in the applicable Stock Incentive Agreement. The performance metric was an operating income target of $1.161 billion for the 2024 fiscal year. The performance shares could vest at a level of 25-100 percent per performance criteria and were previously reported in the aggregate as derivative securities at the 100 percent level. On November 17, 2025, 30,775.545 shares vested, as provided for under the terms of the 2000 Stock Incentive Plan, and were settled in cash for $1,634,489.19, based on the closing price on the date of vesting, less $550,048.50 withheld by the Issuer to satisfy tax withholding obligations. Upon settlement of the vested shares in cash, the shares were removed from the Reporting Person's aggregate beneficial ownership. On November 18, 2025, the Reporting Person's grant of performance shares expired without any shares vesting. On November 18, 2022, the Reporting Person received a grant of performance shares, subject to the achievement of performance criteria in the applicable Stock Incentive Agreement. The performance criteria were (a) a cumulative operating income target of $12 billion for the 2023-2025 fiscal years and (b) a favorable comparison of the relative shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over the 2022-2024 fiscal years, and (c) a cumulative return on invested capital of 11.5% for the 2023-2025 fiscal years. The performance shares could have vested at a level of up to 200 percent per performance criteria and were previously reported in the aggregate as derivative securities at the 200 percent level.
FAQ
What insider transaction did John H. Tyson report for Tyson Foods (TSN)?
John H. Tyson, a director and Chairman of the Board of Tyson Foods, reported the vesting and cash settlement of restricted Class A common stock and performance shares, as well as the expiration of a separate performance share grant with no shares vesting.