WEST DAVID J 4

What Happened

• David J. West, a director of Simply Good Foods Co. (SMPL), made two gifts of company stock on May 12, 2026: 261,000 shares and 87,000 shares. Both transfers are reported as gifts (transaction code G) at $0.00 per share, so no cash proceeds were received. The combined total gifted was 348,000 shares. These were recorded on a Form 4 filed May 13, 2026.

Key Details

• Transaction dates and prices: May 12, 2026 — 261,000 shares @ $0.00 (Gift); May 12, 2026 — 87,000 shares @ $0.00 (Gift).
• Total shares disposed by gift: 348,000 shares; proceeds reported: $0.
• Shares owned after the transaction: not specified in the provided filing data.
• Footnotes:
  • F1: Irrevocable gift to an independently managed family trust for estate planning purposes.
  • F2: Charitable gift to a private foundation controlled by the reporting person and his spouse.
• Filing timeliness: Period of report 2026-05-12, Form 4 filed 2026-05-13 — filed promptly (not marked late).

Context

• Gifts are treated as dispositions under SEC reporting rules but are not market sales and therefore do not necessarily indicate the insider’s view on the company’s stock price. F1 suggests an estate-planning transfer to an independent family trust; F2 indicates a charitable donation to a foundation controlled by the reporting person and spouse, which is a related charitable transfer.