Marzetti (MZTI) CFO Thomas Pigott Receives Award; 298 Shares Withheld

What Happened
Thomas K. Pigott, Vice President, Chief Financial Officer and Assistant Secretary of Marzetti Co. (MZTI), was awarded 1,026 shares on 2026-08-25 (reported as an A — award/grant). To cover tax withholding related to the award, 298 of those shares were surrendered (reported as F — payment of tax liability) at an indicated value of $116.05 per share, totaling $34,583. Net shares retained from this grant: 1,026 − 298 = 728 shares.

Key Details

• Transaction date: 2026-08-25. Form 4 filed: 2026-08-28 (appears to be a late filing relative to the typical 2-business-day SEC deadline).
• Award: 1,026 shares acquired at $0.00 per share (code A).
• Tax withholding: 298 shares disposed at $116.05 per share, proceeds/withholding value = $34,583 (code F).
• Shares owned after transaction: not specified in the Form 4 provided.
• Notable: the disposition (F) reflects withholding to satisfy tax liabilities on the award — a routine payroll/compensation tax withholding practice, not an open‑market sale.

Context
This transaction is a compensation award and a routine tax-withholding event. Awards increase insider holdings but are granted as part of pay; withheld shares to cover taxes are common and do not by themselves indicate the insider is selling stock for investment reasons. The apparent late filing may be of interest to compliance observers but does not change the substance of the award and withholding.