SCALZO JOSEPH 4

What Happened Joseph Scalzo, President and Chief Executive Officer of Simply Good Foods Co. (SMPL), was granted a derivative award covering 2,000,000 shares on January 19, 2026. The grant is reported as acquired at $0.00 per share (derivative award) — the filing lists no immediate cash value. This is an equity compensation grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-01-19; Form 4 filed: 2026-01-21 (appears timely within the typical 2-business-day window).
• Instrument: Derivative award (stock options) for 2,000,000 shares; acquisition price shown as $0.00.
• Vesting: Per footnote, the stock options vest in three substantially equal annual installments beginning January 19, 2027.
• Shares owned after transaction: Not specified in the provided filing.
• No sale or purchase of shares occurred — this is a compensation grant.

Context This filing documents a compensation-related option grant to the CEO rather than a market trade. Such grants are common for executives and reflect incentive/retention compensation; they do not directly indicate immediate buying or selling of company stock. The vesting schedule means the options become exercisable over time, subject to the company’s terms.