KILTS JAMES M 4
Research Summary
AI-generated summary
Simply Good Foods (SMPL) Director James Kilts Receives RSU Award
What Happened
- James M. Kilts, a director of Simply Good Foods Co. (SMPL), received an award of 6,500 restricted stock units (RSUs) on 2026-01-28. The grant is reported at $0.00 per share because RSUs are a contingent award rather than a cash purchase; no cash changed hands in the filing.
Key Details
- Transaction date: 2026-01-28; Filing date (Form 4): 2026-01-30.
- Security/amount: 6,500 RSUs granted; reporting shows acquisition code A (award/grant).
- Price: $0.00 per RSU in the filing (RSUs represent contingent rights to shares).
- Shares owned after transaction: Not specified in the filing.
- Footnote: RSUs granted under the issuer's annual director compensation program; each RSU equals the right to one common share and vests on the first anniversary of the grant date.
Context
- RSU grants to directors are typically routine compensation and do not represent an open-market purchase or sale. Upon vesting (one year here), each RSU generally converts to one share of common stock (subject to the company's plan and any tax withholding). This award should be read as compensation, not a direct bullish or bearish trading signal.
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