Hart Eric H 4
Research Summary
AI-generated summary
B&G Foods (BGS) EVP Eric Hart Receives Restricted Stock Award
What Happened
- Eric H. Hart, EVP of Human Resources & CHRO of B&G Foods (BGS), was granted 39,117 restricted shares (reporting code A) on 2026-03-25 (acquired at $0.00). On the same date, 6,846 shares were disposed (reporting code F) as shares withheld to satisfy tax withholding obligations at $5.11 per share, totaling $34,983.
- The grant is an award of restricted stock (not an open-market purchase). The withholding is a routine tax-withholding disposition tied to vesting, not a voluntary sale.
Key Details
- Transaction dates: March 25, 2026 (filed on 2026-03-27).
- Grant: 39,117 restricted shares, acquisition price $0.00.
- Withholding/disposition: 6,846 shares at $5.11 each, proceeds/value $34,983.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — the 39,117 restricted shares vest one-third on each of March 25, 2027, 2028 and 2029. F2 — the 6,846 shares were withheld by B&G to satisfy tax withholding on the vesting (on March 25, 2026) of 19,988 restricted shares that were part of prior grants.
- Filing timeliness: Reported on 2026-03-27 for transactions on 2026-03-25 (appears filed timely).
Context
- This filing reflects an equity award (restricted stock) and routine tax withholding upon vesting of prior awards. Restricted-stock grants are compensation and do not necessarily indicate immediate insider buying or selling intent. The withholding disposition (F) is a common method companies use to cover taxes when shares vest.