Freshpet (FRPT) COO Nicola J. Baty Withholds Shares for Taxes

What Happened

• Nicola J. Baty, Chief Operating Officer of Freshpet, had restricted stock units vest and 2,082 shares were withheld to satisfy tax withholding obligations. The filing shows two withholding transactions on 2026-09-01: 1,687 shares at $70.46 (value $118,866) and 395 shares at $70.46 (value $27,832), for a combined value of approximately $146,698. These shares were disposed only to cover taxes (transaction code F).

Key Details

• Transaction date: 2026-09-01; Price: $70.46 per share for both entries.
• Shares withheld/disposed: 1,687 and 395 (total 2,082).
• Total value of withheld shares: $146,698 (approx).
• Shares owned after the transaction: not disclosed in this filing.
• Footnote: F1 indicates these shares were withheld upon RSU vesting to cover tax withholding obligations.
• Filing date: 2026-09-03 — reported timely (within the typical two-business-day Form 4 window).

Context

• This was a tax-withholding event tied to RSU vesting, not an open-market sale. Such withholdings are routine and do not necessarily signal insider buying or selling activity beyond meeting tax obligations. Purchases or open-market sales generally carry more interpretive weight for investor sentiment.