4Filed Aug 27, 8:00 PM ET

Marzetti (MZTI) Chief Supply Chain Officer Receives Award; 152 Shares Withheld

$MZTI · MARZETTI CO

Research Summary

AI-generated summary of this SEC filing

Updated

Marzetti (MZTI) Chief Supply Chain Officer Receives Award; 152 Shares Withheld

What Happened

  • Luis Viso, Chief Supply Chain Officer, received a 527-share award (transaction code A) on 2026-08-25. Those shares were reported at $0.00 per share (award/grant).
  • On the same date, 152 shares were surrendered/withheld under transaction code F to satisfy an exercise price or tax liability at $116.05 per share, totaling $17,640.
  • Net shares delivered to the insider from this award = 527 − 152 = 375 shares. This is an award/grant event (not a market purchase); the withholding is a routine tax/payment action, not an open-market sale.

Key Details

  • Transaction dates: 2026-08-25 (award and withholding).
  • Award: 527 shares @ $0.00. Withholding: 152 shares @ $116.05 = $17,640.
  • Shares owned after transaction: not specified in the provided filing data.
  • Codes/notes: A = award/grant; F = payment of exercise price or tax liability (here used for share withholding to cover taxes).
  • Filing date: 2026-08-28 (three days after the transaction date). No late-filing flag was provided in the supplied details — refer to the official SEC filing for timeliness status.

Context

  • Grants and share-withholdings for taxes are common forms of executive compensation and tax settlement; they do not necessarily signal a buy or sell decision about the company’s outlook.
  • Because the award is not an open-market purchase, it’s generally less informative about the insider’s market sentiment than a direct purchase would be.