MCLEVISH TIMOTHY R 4
Research Summary
AI-generated summary
Freshpet (FRPT) Director Timothy R. McLevish Receives Award
What Happened
- Timothy R. McLevish, a member of Freshpet's Board of Directors, was granted 1,589 shares of restricted common stock on March 10, 2026. The filing reports an acquisition price of $0.00 (total reported value $0). The shares were awarded under the issuer’s 2024 Equity Incentive Plan.
Key Details
- Transaction date: March 10, 2026; Form 4 filed: March 12, 2026 (timely filing).
- Transaction code: A (award/grant); reported price: $0.00; number of shares: 1,589.
- Vesting: These restricted shares vest on March 15, 2027, subject to McLevish’s continued service on the Board (per footnote).
- Shares owned after transaction: Not specified in this filing.
- Footnote: Award granted under the Issuer’s 2024 Equity Incentive Plan; vesting contingent on continued board service.
Context
- This was a restricted stock award (compensation), not an open-market purchase or sale. Such awards are common for directors and typically reflect compensation/retention rather than an immediate bullish trade signal. The restriction and future vesting date limit immediate transferability.