Steeneck Craig D. 4
Research Summary
AI-generated summary
Freshpet (FRPT) Director Craig Steeneck Receives Restricted Stock Award
What Happened
- Craig D. Steeneck, a director of Freshpet, was awarded 1,589 shares of restricted common stock on March 10, 2026. The filing reports an acquisition price of $0.00 (award/grant).
- This is a compensation award (code A), not an open-market purchase or sale. No immediate cash value or sale occurred in this transaction.
Key Details
- Transaction date: 2026-03-10; Filing date: 2026-03-12 (filed within the typical two-business-day Form 4 window).
- Transaction type/code: Award/Grant (A); 1,589 shares @ $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The restricted shares were awarded under Freshpet’s 2024 Equity Incentive Plan and vest on March 15, 2027, contingent on Mr. Steeneck’s continued service on the Board.
- No 10b5-1 plan, tax-withholding, or sale associated with this entry was reported.
Context
- Director restricted stock awards are a common form of compensation and typically vest over time; because these shares are subject to vesting, they cannot be sold until vested and thus don’t directly indicate an immediate market view by the insider.
- Purchases are generally viewed as stronger signals than grants; this filing documents compensation rather than a personal buy or sell.