Keller Kenneth C Jr 4
4 · B&G Foods, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
B&G Foods CEO Kenneth Keller Receives 311,351 Restricted Shares
What Happened Kenneth C. Keller, President & CEO and a director of B&G Foods (BGS), was awarded 311,351 shares of restricted common stock on March 25, 2026 (reported on Form 4). The grant is recorded at $0.00 per share (non‑cash compensation). On the same date, 80,929 shares were withheld/disposed to satisfy tax withholding obligations at an indicated per‑share value of $5.11, totaling $413,547.
Key Details
- Transaction dates: March 25, 2026 (award and withholding).
- Award: 311,351 restricted shares granted (code A) — no cash purchase (priced $0.00 in filing).
- Tax withholding: 80,929 shares withheld/disposed (code F) at $5.11 per share = $413,547.
- Vesting for the new award: one‑third vests on each of March 25, 2027, 2028 and 2029 (per footnote).
- The 80,929 shares withheld satisfied tax obligations arising from the vesting on March 25, 2026 of 164,321 previously issued restricted shares (one‑third of earlier grants), per the filing footnote.
- Shares owned after the transactions: not specified in this Form 4.
- Filing timeliness: report filed March 27, 2026 for transactions on March 25, 2026 (appears timely).
Context This was primarily a restricted stock grant (compensation), not an open‑market purchase or sale. The withheld 80,929 shares represent a company withholding to pay taxes on earlier vested restricted stock (a common, routine administrative step) rather than an executive-initiated sale. Such awards reflect compensation practices and do not by themselves indicate a buy/sell signal from the insider.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-25+311,351→ 949,872 total - Tax Payment
Common Stock
[F2]2026-03-25$5.11/sh−80,929$413,547→ 868,943 total
Footnotes (2)
- [F1]Represents shares of restricted stock granted to the reporting person pursuant to the B&G Foods, Inc. Omnibus Incentive Compensation Plan. The shares of restricted stock vest one-third on each of March 25, 2027, March 25, 2028 and March 25, 2029.
- [F2]Represents shares of common stock withheld by B&G Foods to satisfy tax withholding obligations upon the vesting on March 25, 2026 of 164,321 shares of restricted stock, or one-third of the total number of shares of restricted stock, issued to the reporting person on March 24, 2023, March 25, 2024 and March 25, 2025 pursuant to the B&G Foods, Inc. Omnibus Incentive Compensation Plan.