Kelley Jacki Sue 4

What Happened
Jacki Sue Kelley, a member of Freshpet's Board of Directors, was awarded 1,589 shares of restricted common stock on March 10, 2026. The shares were granted at a $0.00 purchase price (total cash cost $0) as an equity award under the Issuer's 2024 Equity Incentive Plan. This is a grant/award (not a market purchase or sale) and will vest in the future subject to conditions below.

Key Details

• Transaction date: 2026-03-10; filing date: 2026-03-12 (appears timely under Form 4 rules).
• Transaction type: Award/Grant (code A) — 1,589 shares at $0.00 per share (total $0).
• Vesting: Shares vest on March 15, 2027, subject to continued service on the Board (footnote F1).
• Shares owned after the transaction: not specified in the filing.
• Plan: Award issued under Freshpet’s 2024 Equity Incentive Plan.
• No 10b5-1 plan, tax-withholding sale, or exercise reported — just a restricted stock award.

Context
Director equity awards are common as part of board compensation and are typically designed to align long-term interests with shareholders; because these are restricted shares that vest only with continued service, they do not reflect an immediate market purchase or sale. This grant does not by itself indicate a buying/selling signal — it is compensation.