GEORGE WALTER N. 4

What Happened

• George Walter N., a director of Freshpet, received an award of 1,589 shares of restricted common stock on 2026-03-10. The reported acquisition price is $0.00, so the transaction value on the Form 4 is $0. These shares were granted under the Issuer's 2024 Equity Incentive Plan.

Key Details

• Transaction date: 2026-03-10 (Form 4 filed 2026-03-12 — appears timely).
• Transaction type/code: Award/Grant (Code A).
• Shares granted: 1,589 restricted shares at $0.00 (reported value $0).
• Vesting: Shares vest on March 15, 2027, contingent on the reporting person's continued service on the Board.
• Shares owned after the transaction: Not specified in the information provided on this filing.
• No indication of a 10b5-1 plan, cashless exercise, tax withholding, or gift noted in the filing.

Context

• This is a restricted stock grant (compensation/retention), not an open-market purchase or sale — such awards are common for board members and are generally tied to continued service.
• Because the shares vest in the future, they do not represent immediately tradable stock and should be interpreted as a retention/compensation event rather than a direct bullish or bearish signal.