STOCK TITAN

UniFirst (UNF) EVP granted restricted stock units and stock appreciation right

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

UniFirst Corporation executive reports new equity awards. An Executive VP of Sales/Marketing received 1,866 shares of UniFirst common stock on 12/16/2025 as restricted stock units at a price of $0 per share, increasing the executive’s directly held common stock and restricted stock units to 7,925 shares. These restricted stock units were granted under the UniFirst Corporation 2023 Stock Option and Incentive Plan as annual grants for fiscal 2026 and vest in three equal installments on October 31, 2026, October 31, 2027 and October 31, 2028.

The executive was also granted a stock appreciation right covering 2,676 shares of common stock with a conversion or exercise price of $174.2 per share, expiring on December 16, 2035. This stock appreciation right, also granted under the 2023 Plan, vests in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028 and must be settled in stock when exercised.

Positive

  • None.

Negative

  • None.
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*
Katz David Martin

(Last) (First) (Middle)
C/O UNIFIRST CORP
68 JONSPIN ROAD

(Street)
WILMINGTON MA 01887

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UNIFIRST CORP [ UNF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive VP, Sales/Marketing
3. Date of Earliest Transaction (Month/Day/Year)
12/16/2025
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 12/16/2025 A 1,866(1)(2) A $0 7,925(3) 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
Stock Appreciation Right(2)(4) $174.2 12/16/2025 A 2,676 (4) 12/16/2035 Common Stock ($0.10 par value) 2,676 $0 2,676 D
Explanation of Responses:
1. Represents restricted stock units granted under the UniFirst Corporation 2023 Stock Option and Incentive Plan (the "2023 Plan"). Such restricted stock units vest in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028.
2. These are annual grants for fiscal 2026.
3. Consists of 299 restricted stock units that vest in one remaining annual installment on October 31, 2026, 709 restricted stock units that vest in two remaining equal annual installments on October 31, 2026 and October 31, 2027, 1,232 restricted stock units that vest in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028, 1,125 restricted stock units that vest in two equal annual installments on October 31, 2026 and October 31, 2027, 2,676 restricted stock units that vest in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028 and 2,694 shares of Common Stock owned by the reporting person.
4. This stock appreciation right, which was granted under the 2023 Plan, becomes vested and exercisable in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028. This stock appreciation right is required to be settled in stock at the time of exercise.
/s/ John Dowd, Attorney-in-Fact 12/18/2025
** 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 insider transaction did UniFirst (UNF) report on this Form 4?

The filing reports that an Executive Vice President of Sales/Marketing at UniFirst Corporation received 1,866 restricted stock units of common stock on December 16, 2025 and a stock appreciation right covering 2,676 shares, both granted under the 2023 Stock Option and Incentive Plan.

How many UniFirst (UNF) shares does the reporting officer beneficially own after this transaction?

After the reported grant, the officer beneficially owns a total of 7,925 UniFirst common shares and restricted stock units in direct ownership, as shown in Table I.

What are the vesting dates for the new restricted stock units granted by UniFirst (UNF)?

The 1,866 restricted stock units granted on December 16, 2025 vest in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028, according to the explanation of responses.

What are the key terms of the new stock appreciation right reported for UniFirst (UNF)?

The stock appreciation right covers 2,676 shares of UniFirst common stock with an exercise price of $174.2 per share and an expiration date of December 16, 2035. It vests in three equal annual installments on October 31, 2026, October 31, 2027 and October 31, 2028 and must be settled in stock when exercised.

Are the UniFirst (UNF) equity awards part of a specific plan or program?

Yes. Both the restricted stock units and the stock appreciation right are granted under the UniFirst Corporation 2023 Stock Option and Incentive Plan, with the restricted stock units described as annual grants for fiscal 2026.

Does this UniFirst (UNF) Form 4 indicate the transaction is under Rule 10b5-1?

The form includes a checkbox to indicate whether a transaction was made under a Rule 10b5-1(c) trading plan, but the provided content does not show that box as checked for this reporting person.

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