4Filed Aug 5, 8:00 PM ET
Seneca Foods (SENEA) COO Nelson Receives 1,000-Share Award
$SENEA · Seneca Foods CorpResearch Summary
AI-generated summary of this SEC filing
Seneca Foods (SENEA) COO Nelson Receives 1,000-Share Award
What Happened
- Nelson, Timothy Robert — Chief Operating Officer of Seneca Foods Corp (SENEA) — received an award of 1,000 restricted shares on 2026-08-05. The award was granted at $0.00 per share (no cash paid by the reporting person). This is an equity compensation grant (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-08-05; Form 4 filed 2026-08-06 (timely).
- Type: Award/grant of restricted stock (Code A).
- Shares granted: 1,000; price paid by insider: $0.00.
- Shares owned after transaction: not disclosed in the filing.
- Footnote F2: Awarded under the Company’s 2007 Equity Incentive Plan; vests 25% per year over the next four years.
- Footnote F1: The report also notes holdings in the Seneca Foods Stock Fund under the 401(k) Plan (unitized fund holding Class A and B shares and cash). Additional 401(k) units acquired since the last report were exempt from separate reporting under Rule 16a‑3(f)(1)(i)(B).
Context
- Restricted stock awards are compensation and typically vest over time (here, 25% per year), so these shares are not immediately fully transferable or necessarily liquid.
- This filing reflects a compensation grant rather than insider buying or selling; it should be viewed as routine executive compensation disclosure, not a direct market sentiment signal.