Marzetti (MZTI) President Kristin Bird Receives 623-Share Award

What Happened

• Kristin Bird, President — Foodservice Division at Marzetti Co. (MZTI), was granted 623 shares as an award on 2026-08-25 (transaction code A). To cover tax withholding, 180 of those shares were surrendered/disposed (transaction code F) at $116.05 per share for a total withholding value of $20,889. Net shares delivered to Bird from this grant were 443 shares. The grant price is reported as $0.00 (typical for equity awards); at the withholding price, the full 623-share award would be worth roughly $72,300.

Key Details

• Transaction dates: 2026-08-25 (award and withholding); Form 4 filed 2026-08-28.
• Award: 623 shares acquired @ $0.00 (code A). Tax withholding: 180 shares disposed @ $116.05 (code F) = $20,889.
• Net shares retained from the grant: 443 shares (623 granted minus 180 withheld).
• Shares owned after transaction: not disclosed on the filing.
• Notable: F indicates shares were withheld to satisfy tax obligations (routine). No 10b5-1 plan or late-filing flag reported in the provided details.

Context

• This was a compensation award, not an open-market purchase or sale; withholding shares to cover taxes is a common administrative step and does not necessarily indicate a change in view on the stock. For retail investors, awards add to insider ownership but are routine for executives receiving pay in equity.