Morris Scott James 4
Research Summary
AI-generated summary
Freshpet President Morris Scott James Receives 5,456-Share Award
What Happened
- Morris Scott James, President of Freshpet, Inc. (FRPT), was granted 5,456 restricted stock units (RSUs) on 2026-03-10. The Form 4 shows the acquisition price as $0.00, reflecting an award rather than a purchase. These RSUs represent future common stock subject to vesting.
Key Details
- Transaction date and price: 2026-03-10; Awarded 5,456 RSUs at $0.00 (transaction code A = award).
- Shares owned after transaction: Not specified in the filing.
- Footnote: The award consists of RSUs under the Freshpet, Inc. 2024 Equity Incentive Plan. They vest in three equal annual installments beginning March 15, 2027, subject to continued service.
- Timeliness: Form filed 2026-03-12 for a 2026-03-10 transaction — appears to be filed within the standard Form 4 reporting window.
Context
- These RSUs are a compensation award and will convert to actual shares only as they vest; they do not reflect an immediate cash purchase or sale. Such grants are common for executives and are primarily a retention/compensation mechanism rather than a direct bullish or bearish signal about near-term stock movement.