Schena Joseph J 4
Research Summary
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Simply Good Foods Director Joseph Schena Receives RSU Award
What Happened Joseph J. Schena, a director of Simply Good Foods Co. (SMPL), was granted 6,500 restricted stock units (RSUs) on January 28, 2026. The grant is reported as an award (transaction code A) at $0.00 per share (total reported value $0), reflecting a compensation award rather than an open-market purchase.
Key Details
- Transaction date: 2026-01-28; filing date (Form 4): 2026-01-30 (timely filing).
- Security: 6,500 RSUs granted at $0.00 per RSU (reported total $0).
- Shares owned after transaction: Not specified in the filing.
- Footnote: RSUs granted under the issuer's annual director compensation program; each RSU represents the contingent right to receive one share and vests on the first anniversary of the grant date.
- Transaction type: Award/grant (A) — common director compensation, not a cash purchase or sale.
Context This is a standard compensation grant to a board member. RSU awards are routine and reflect compensation rather than a direct bullish purchase signal; they convert to shares only if/when they vest (here, one year after grant).
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