STOCK TITAN

Vital Farms (VITL) CLO awarded RSUs and withholds shares for taxes

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

Rhea-AI Filing Summary

Vital Farms, Inc. reported insider equity activity by its CLO, Secretary & Head of Impact, Joanne Bal. On March 5, 2026, she acquired 15,184 shares of common stock as a restricted stock unit (RSU) award at a stated price of $0.00 per share, bringing her reported holdings after that award to 57,990 shares.

The RSU grant vests in three equal annual installments starting on March 5, 2027, conditioned on her continued service with the company on each vesting date. On March 4, 2026, 784 shares were disposed of at $20.30 per share to satisfy withholding tax obligations, leaving 42,806 shares reported as directly owned after that tax-withholding transaction.

Positive

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Negative

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Insider Bal Joanne
Role CLO, Secy. & Head of Impact
Type Security Shares Price Value
Grant/Award Common Stock 15,184 $0.00 --
Tax Withholding Common Stock 784 $20.30 $16K
Holdings After Transaction: Common Stock — 57,990 shares (Direct)
Footnotes (1)
  1. Shares withheld by the Issuer to satisfy withholding tax obligation. Represents a restricted stock unit ("RSU") award. The RSUs vest in three equal annual installments commencing on March 5, 2027, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.
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*
Bal Joanne

(Last) (First) (Middle)
C/O VITAL FARMS, INC.
3601 SOUTH CONGRESS AVENUE, SUITE C100

(Street)
AUSTIN TX 78704

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Vital Farms, Inc. [ VITL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CLO, Secy. & Head of Impact
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
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 03/04/2026 F(1) 784 D $20.3 42,806 D
Common Stock 03/05/2026 A 15,184(2) A $0 57,990 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
Explanation of Responses:
1. Shares withheld by the Issuer to satisfy withholding tax obligation.
2. Represents a restricted stock unit ("RSU") award. The RSUs vest in three equal annual installments commencing on March 5, 2027, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date.
/s/ Francis Cullo, Attorney-in-Fact 03/06/2026
** 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 transactions did Vital Farms (VITL) report for Joanne Bal?

Vital Farms reported that CLO, Secretary & Head of Impact Joanne Bal received an RSU award of 15,184 shares and had 784 shares withheld to cover taxes. Both transactions involved common stock directly owned.

How many Vital Farms (VITL) shares did Joanne Bal acquire in the latest grant?

Joanne Bal was granted 15,184 RSUs of Vital Farms common stock. These restricted stock units were reported at a price of $0.00 per share and increased her total reported direct holdings to 57,990 shares after the award.

When do Joanne Bal’s new Vital Farms (VITL) RSUs vest?

The 15,184 Vital Farms RSUs granted to Joanne Bal vest in three equal annual installments starting on March 5, 2027. Each installment requires her continuous service with the company through the applicable vesting date.

Why were 784 Vital Farms (VITL) shares disposed of in Joanne Bal’s Form 4?

The disposal of 784 shares of Vital Farms common stock was a tax-withholding transaction. Shares were withheld by the company to satisfy withholding tax obligations, not an open-market sale, at a price of $20.30 per share.

How many Vital Farms (VITL) shares does Joanne Bal hold after these transactions?

After the RSU grant on March 5, 2026, Joanne Bal was reported to directly hold 57,990 shares. Following the tax-withholding disposition on March 4, 2026, her direct holdings were shown as 42,806 shares for that transaction line.