Tyson Foods (NYSE: TSN) grants RSUs and performance shares to its chairman
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tyson Foods, Inc. reports that Chairman John H. Tyson received awards of 51,876.188 performance shares and 51,876.188 restricted stock units tied to Class A Common Stock. The performance shares vest on November 25, 2028 only if multi-year operating income and relative total shareholder return goals are met. Following these awards, he directly holds 2,989,973.087 Class A shares, including 557.623 shares acquired through a dividend reinvestment plan since his prior ownership filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
TYSON JOHN H
Role
Chairman of the Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 51,876.188 | $0.00 | -- |
| Grant/Award | Performance Shares | 51,876.188 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 51,876.188 shares (Direct);
Performance Shares — 51,876.188 shares (Direct);
Class A Common Stock — 2,989,973.087 shares (Direct)
Footnotes (1)
- Includes 557.623 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. Award of restricted stock units ("RSUs") of which each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs may be settled in cash in lieu of shares and will vest in accordance with the applicable award terms. Award of performance Class A Common Stock which will vest on November 25, 2028 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. The grant may be settled in cash in lieu of shares, in accordance with the applicable award terms. If none of the performance metrics are achieved, the award expires.
Key Figures
Performance share award: 51,876.188 shares
Restricted stock unit award: 51,876.188 units
Class A shares held after transactions: 2,989,973.087 shares
+4 more
7 metrics
Performance share award
51,876.188 shares
Performance shares granted to John H. Tyson on 2026-07-10
Restricted stock unit award
51,876.188 units
RSUs granted to John H. Tyson on 2026-07-10
Class A shares held after transactions
2,989,973.087 shares
Direct holdings of Tyson Foods Class A Common Stock following reported awards
Dividend reinvestment shares
557.623 shares
Class A shares acquired via dividend reinvestment plan since last ownership filing
Performance share vesting date
November 25, 2028
Scheduled vesting date if performance metrics for fiscal 2026-2028 are achieved
Award grant price
$0.0000 per unit
Grant price for both performance shares and RSUs awarded to John H. Tyson
Performance vesting range
50% to 200%
Possible vesting level of performance shares relative to target, based on SIA metrics
Key Terms
Restricted Stock Units, Performance Shares, dividend reinvestment plan, total shareholder return, +2 more
6 terms
Restricted Stock Units financial
"Award of restricted stock units ("RSUs") of which each RSU represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend reinvestment plan financial
"Includes 557.623 shares ... received ... pursuant to the Issuer's dividend reinvestment plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Stock Incentive Agreement financial
"described in the applicable Stock Incentive Agreement (the "SIA") are achieved"
Rule 16a-11 regulatory
"Such acquisitions are exempt from Section 16 concurrent reporting requirements pursuant to Rule 16a-11."
FAQ
What insider transaction did Tyson Foods (TSN) report for John H. Tyson?
John H. Tyson reported receiving 51,876.188 performance shares and 51,876.188 restricted stock units tied to Tyson Foods Class A Common Stock. These equity awards were granted at a price of $0.0000 per unit as part of his compensation.
How do the restricted stock units reported by Tyson Foods (TSN) work for John H. Tyson?
The award consists of 51,876.188 restricted stock units, each representing a contingent right to receive one Class A share. Under the award terms, the RSUs may be settled in cash instead of shares and will vest according to the applicable grant documentation.
What does the dividend reinvestment plan disclosure mean in Tyson Foods (TSN) chairman’s Form 4?
The filing notes that 557.623 Class A shares were received through Tyson Foods’ dividend reinvestment plan since the last ownership report. These automatic acquisitions are exempt from concurrent Section 16 reporting under Rule 16a-11, but are now reflected in his updated share balance.