Cracker Barrel CEO David Deno Receives RSUs & Stock Options

What Happened

• David J. Deno, President, CEO and Director of Cracker Barrel Old Country Store (CBRL), received equity awards on 2026-08-10: 3,565 restricted stock units (RSUs) and 7,434 stock options. Both awards show $0.00 as the acquisition price (they are grants, not purchases) and were reported on a Form 4 filed 2026-08-12.
• The RSUs and options are time‑based awards that will vest on 2029-08-10 and are contingent on the reporting person's continued employment. The grants do not represent immediately tradable shares; immediate cash outlay was $0.

Key Details

• Transaction date: 2026-08-10; Form 4 filed: 2026-08-12 (filed on time).
• Grant types and amounts: 3,565 RSUs (award) and 7,434 options (derivative award). Both listed at $0.00 acquisition price.
• Vesting: Both awards vest on 2029-08-10, contingent on continued employment (Footnotes F1 and F2).
• Shares owned after the transaction: not specified in the provided filing details.
• No 10b5‑1 plan, tax‑withholding sale, or cash exercise indicated in the filing.

Context

• These are standard long‑term incentive grants common for executives — RSUs convert to shares at vesting; options permit purchase of shares after vesting at a set exercise price (the exercise price was not disclosed in the provided summary).
• Grants are not the same as open‑market buys or sales and do not signal an immediate change in insider ownership that could be sold right away.