Wenner David L 4
Research Summary
AI-generated summary
B&G Foods (BGS) Director David L. Wenner Receives Equity Award
What Happened
- David L. Wenner, a non-employee director of B&G Foods, was granted 26,915 shares on 2026-06-01. The shares are reported as acquired at $0.00 (an awarded grant), with the filing made on 2026-06-03.
- The filing’s footnote states each non-employee director receives an annual equity grant of approximately $130,000 of common stock based on a 30-day average closing price. The $0.00 price reflects a stock award, not a cash purchase or sale.
Key Details
- Transaction date: 2026-06-01; Transaction type/code: Award/Grant (A); Price reported: $0.00
- Shares granted: 26,915
- Filing date: 2026-06-03 (filed two days after the transaction — timely for Form 4)
- Shares owned after the transaction: Not specified in this filing
- Footnote: Annual non-employee director equity grant ≈ $130,000 based on 30-day average price
Context
- This is a routine director compensation award, commonly used in lieu of or alongside cash fees. Awards signal compensation alignment with shareholders but are not the same as a purchase (they don’t necessarily indicate a director’s personal bullish view).
- The reported $0.00 price is standard for grants; no option exercise, open‑market purchase, gift, or tax-withholding transaction is indicated in this filing.