KILTS JAMES M 4

What Happened James M. Kilts, a director of Simply Good Foods Co. (SMPL), purchased 80,000 shares of SMPL common stock in open-market transactions on April 23, 2026. The filing reports a weighted average purchase price of $12.39 per share for a total purchase value of $991,480. This was a purchase (acquisition), which is generally treated by investors as a stronger signal than a sale because insiders are adding to holdings.

Key Details

• Transaction date: 2026-04-23; filing date: 2026-04-24 (filed the next day; appears timely under Form 4 rules).
• Reported weighted average price: $12.39; total value: $991,480.
• Price range: purchases occurred at prices between $12.24 and $12.50 (footnote F1).
• Shares acquired: 80,000 (reported as open-market purchases, code "P").
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notable footnotes:
  • F1: Weighted average price; multiple trades in the $12.24–$12.50 range; reporting person can provide breakdown on request.
  • F2: Some shares are held indirectly via an investment limited partnership for which Kilts and his spouse are co-general partners.
  • F3: Some shares are held by an LLC owned by Kilts and his spouse with passive interests held in irrevocable family trusts; Kilts is the LLC manager and disclaims beneficial ownership except for his pecuniary interest.

Context

• This was a straight open-market purchase (not an option exercise, gift, or withholding). Purchases by directors can be interpreted by retail investors as a sign of confidence, but filings state facts only and do not explain motivation.
• No 10b5-1 plan or derivative activity is disclosed in the provided excerpt.