Montgomery Robert G. 4
Research Summary
AI-generated summary
SMPL Director Robert Montgomery Receives RSU Award
What Happened
- Robert G. Montgomery, a director of Simply Good Foods Co. (ticker: SMPL), was granted 6,500 restricted stock units (RSUs) on January 28, 2026. The filing reports the grant at a $0.00 per-share acquisition price (total reported value $0) because this is an award, not an open‑market purchase.
Key Details
- Transaction date: 2026-01-28 (Form 4 filed 2026-01-30 — timely).
- Security: 6,500 RSUs granted; reported acquisition price: $0.00; total reported value: $0.
- Vesting: Per the filing footnote, each RSU represents the contingent right to one share and the RSUs vest on the first anniversary of the grant (2027-01-28).
- Shares owned after transaction: not specified in this filing.
- Notes: Grant was made under the issuer’s annual director compensation program (routine director award).
Context
- RSU grants to non-employee directors are a common form of compensation and do not involve an immediate cash purchase or sale. Because these are awards that vest in the future, they are not a direct buy/sell signal; they reflect standard compensation practices for board service.