Vital Farms (VITL) major holder awarded 5,530 RSUs for prior service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OHAYER MATTHEW reported acquisition or exercise transactions in this Form 4 filing.
Vital Farms, Inc. insider Matthew Ohayer reported an award of 5,530 restricted stock units of common stock. These RSUs vest on March 5, 2027, subject to his continuous service with Vital Farms through the vesting date.
The RSU award had been previously approved by the board of directors for services provided before his retirement. Ohayer now serves as a non-employee advisor under a resignation agreement. Following the RSU award, he directly holds 6,326,720 common shares. An additional 400,000 shares are held indirectly by a former spouse; he has sole voting control over those shares but no pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
OHAYER MATTHEW
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,530 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,326,720 shares (Direct);
Common Stock — 400,000 shares (Indirect, By former spouse.)
Footnotes (1)
- Represents a restricted stock unit ("RSU") award. The RSUs vest on March 5, 2027, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date. The RSU award was previously approved by the Issuer's board of directors for services provided by the Reporting Person prior to the Reporting Person's retirement from the Issuer. The Reporting Person continues to serve as a non-employee advisor to the Issuer, pursuant to a resignation agreement between Reporting Person and the Issuer. Pursuant to an agreement between the Reporting Person and his former spouse, the Reporting Person has sole voting control over the shares. The Reporting Person has no pecuniary interest in the shares.
FAQ
What insider transaction did Matthew Ohayer report at Vital Farms (VITL)?
Matthew Ohayer reported receiving 5,530 restricted stock units of Vital Farms common stock. The award carries a zero purchase price and reflects a grant or award acquisition, rather than an open-market share purchase, according to the Form 4 transaction coding and description.
When do Matthew Ohayer’s new Vital Farms RSUs vest?
The 5,530 restricted stock units granted to Matthew Ohayer vest on March 5, 2027. Vesting requires his continuous service with Vital Farms through that date, as outlined in the award terms referenced in the Form 4 footnotes.
Why did Vital Farms grant 5,530 RSUs to Matthew Ohayer?
The RSU award was previously approved by Vital Farms’ board of directors for services Ohayer provided before his retirement. He currently continues as a non-employee advisor under a resignation agreement, and the RSUs compensate past contributions rather than new cash investment.