Priest Leta D 4
Research Summary
AI-generated summary
Freshpet (FRPT) Director Leta D Priest Receives Award — 1,589 Shares
What Happened
- Leta D Priest, a director of Freshpet, was awarded 1,589 restricted shares of Common Stock (transaction code A) on 2026-03-10. The reported acquisition price is $0.00 (non-cash award), so the Form 4 shows $0 total purchase value. This is a grant/compensation event, not an open-market buy or sale.
Key Details
- Transaction date: 2026-03-10; Form 4 filed 2026-03-12 (timely under Form 4 rules).
- Shares granted: 1,589 restricted shares; reported acquisition price: $0.00.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: the restricted shares vest on March 15, 2027, subject to the Reporting Person's continued service on the Board of Directors.
- No 10b5-1 plan, tax-withholding sale, or sale proceeds reported in this filing.
Context
- These restricted shares are compensation and are typically not tradable until they vest (March 15, 2027), so this grant does not represent an immediate market purchase or sale. Such awards are common for directors as part of board compensation and should be viewed as a non-cash compensation event rather than an express signal of buying or selling by the insider.