Palmer Cheryl M 4
Research Summary
AI-generated summary
B&G Foods (BGS) Director Cheryl Palmer Receives 26,915-Share Award
What Happened
- Cheryl M. Palmer, a non-employee director of B&G Foods, was granted 26,915 shares on 2026-06-01. The Form 4 records the acquisition at $0.00 per share (transaction code A — award/grant).
- The filing shows the shares were acquired as an award (no cash paid on the Form 4). A footnote to the filing states that each non-employee director receives an annual equity grant of approximately $130,000 based on a 30-day average closing price.
Key Details
- Transaction date: 2026-06-01; Filing date: 2026-06-03 (filed within the typical 2-business-day window).
- Price recorded on Form 4: $0.00 per share; Shares acquired: 26,915.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnote: F1 — annual non-employee director equity grant ~ $130,000 (based on 30-day average price).
- Transaction type: A = Award/Grant. No 10b5-1 plan, tax withholding, or late-filing indication noted in the supplied information.
Context
- This was a routine equity compensation grant to a non-employee director, part of standard director pay rather than an open-market purchase or sale. Such awards are common and reflect compensation policy, not necessarily the director’s view on the stock.
- For retail investors, purchases or insider sales can sometimes be more informative about sentiment; awards mainly indicate company compensation practices.