RITTERBUSH DAVID W 4
Research Summary
AI-generated summary
Simply Good Foods (SMPL) Director David W. Ritterbush Receives 6,500 RSUs
What Happened
David W. Ritterbush, a director of Simply Good Foods Co. (SMPL), received a grant of 6,500 restricted stock units (RSUs) on 2026-01-28. The Form 4 reports the acquisition price as $0.00 (award/grant), so there was no cash outlay; the filing lists total reported value as $0. Each RSU represents the contingent right to one share of common stock upon vesting.
Key Details
- Transaction date: 2026-01-28; Form 4 filed: 2026-01-30 (filed within the typical two-business-day window).
- Transaction type/code: A = Award/Grant of RSUs. Price shown: $0.00.
- Shares granted: 6,500 RSUs. Shares owned after transaction: not specified in the provided report.
- Footnote: RSUs were granted under the issuer's annual director compensation program and vest on the first anniversary of the grant date.
Context
RSUs are a form of compensation that convert to actual shares only upon vesting and do not represent an immediate market purchase or sale. Grants to non-employee directors are common as part of routine director pay and do not necessarily indicate the director is buying or selling stock for investment reasons.