Marzetti (MZTI) President Kristin Bird Receives 1,947 RSUs

What Happened

• Kristin Bird, President — Foodservice Division of Marzetti Co (MZTI), received a grant of 1,947 restricted stock units (RSUs) on August 18, 2026. The units were reported as acquired at $0.00 (no cash paid at grant). These RSUs are derivative awards that represent the contingent right to receive common shares if and when they vest.

Key Details

• Transaction date: 2026-08-18 (reported on Form 4 filed 2026-08-20)
• Transaction type/code: Award/Grant (A) of derivative securities (RSUs)
• Units granted: 1,947 RSUs; acquisition price reported as $0.00
• Shares owned after transaction: not specified in the filing
• Footnote: Each restricted stock unit represents a contingent right to one share of the issuer's common stock (per footnote F1)
• Timeliness: Filed two days after the transaction (normal SEC reporting window)

Context

• RSUs are a common form of equity compensation; they do not involve an immediate cash purchase or sale and only convert to actual shares if vesting conditions are met. Such awards are typically compensation-related and do not by themselves indicate buying or selling intent in the open market. The ultimate value to the insider will depend on Marzetti's stock price at settlement/vesting.