MARZETTI (MZTI) President Kristin Bird Withholds 301 Shares for Taxes

What Happened

• Kristin Bird, President — Foodservice Division of MARZETTI CO (MZTI), had 301 shares withheld as payment of an exercise price or tax liability (transaction code F). The shares were recorded at $116.05 each, totaling approximately $34,931. This was a tax-withholding disposal, not an open-market sale.

Key Details

• Transaction date: 2026-08-15; Filing date: 2026-08-18.
• Price per share: $116.05; Total value of shares withheld: ~$34,931.
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes).
• Shares owned after the transaction: not specified in the filing provided.
• Filing timeliness: Form filed on 2026-08-18 reporting the 8/15/2026 event; the filing does not indicate a late-report flag.

Context

• Tax-withholding disposals are routine when options vest or restricted shares settle; the company retains shares to cover tax obligations rather than the insider selling shares on the open market. This type of transaction is generally administrative and does not necessarily signal a change in the insider’s view of the company.