4Filed Aug 19, 8:00 PM ET
Marzetti (MZTI) CEO David Ciesinski Receives 14,406 RSUs
$MZTI · MARZETTI COResearch Summary
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Marzetti (MZTI) CEO David Ciesinski Receives 14,406 RSUs
What Happened
- David Alan Ciesinski, President & CEO and a director of Marzetti Co. (MZTI), was granted 14,406 restricted stock units (RSUs) on 2026-08-18. The Form 4 reports the award as an acquisition at $0 per unit (derivative award), reflecting a grant rather than a cash purchase.
Key Details
- Transaction date: 2026-08-18; Form 4 filed: 2026-08-20 (filed within the typical 2-business-day window).
- Transaction type/code: Award/Grant (derivative) — 14,406 RSUs reported at $0.00 acquisition price.
- 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 filing footnote).
- No 10b5‑1 plan, sale, or tax-withholding details were disclosed in this filing.
Context
- RSUs are a common form of equity compensation and represent a future right to receive shares if vesting conditions are met; the filing does not state vesting schedule or conditions. Grants like this are compensation/retention actions and do not indicate an immediate open-market purchase or sale.