Research Summary
AI-generated summary of this SEC filing
Marzetti (MZTI) Tanya Berman Receives 1,947 RSU Award
What Happened
Tanya Berman, President — Retail Business Unit at Marzetti Co (MZTI), was granted 1,947 restricted stock units (RSUs) on 2026-08-18. The Form 4 reports the acquisition price as $0.00 (this was an award/grant, not an open‑market purchase or sale). The filing treats the grant as a derivative award rather than an immediate share purchase.
Key Details
- Transaction date: 2026-08-18; Form 4 filed: 2026-08-20 (filed within the typical 2-business-day window).
- Form code/type: A — Grant/award or other acquisition (derivative).
- Shares/units granted: 1,947 RSUs; price reported: $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 — Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock (i.e., these RSUs convert to shares subject to vesting/conditions).
- No tax‑withholding sale, 10b5‑1 plan, or immediate sale noted in this filing.
Context
RSU grants are a form of compensation and represent a contingent right to future shares (usually subject to vesting). The reported $0 acquisition price is standard for awards; any actual dollar value depends on Marzetti’s stock price when the RSUs vest or are settled. This grant is not the same as a purchase (which some investors treat as a stronger bullish signal) nor a sale that would indicate realization of gains.