Patel Nishu D. 4
Research Summary
AI-generated summary
Freshpet (FRPT) Chief Accounting Officer Nishu D. Patel Receives Award
What Happened Nishu D. Patel, Freshpet's Chief Accounting Officer, was granted 983 restricted stock units (RSUs) on 2026-03-10, recorded on the Form 4 as an acquisition at $0.00 (total reported value $0). The award is recorded as a grant/award (transaction code "A") rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-10; Form 4 filed 2026-03-12 (filed two days after the transaction, within the standard two-business-day Form 4 deadline).
- Amount: 983 RSUs acquired at $0.00 (reported total $0).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: These RSUs are scheduled to vest in three equal annual installments beginning March 15, 2027, subject to continued service with Freshpet (per Footnote F1).
- Transaction type: Award/grant (compensation), not a market purchase or sale.
Context RSU grants are a common form of executive compensation and reflect future equity compensation contingent on continued service and vesting conditions. Because this was an award recorded at $0.00, it should be viewed as a compensation event rather than an immediate bullish buying signal.