TRACTOR SUPPLY CO /DE/·4

Feb 12, 4:40 PM ET

Kersey Melissa 4

Research Summary

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Tractor Supply (TSCO) EVP Melissa Kersey Receives Equity Award

What Happened

  • Melissa Kersey, EVP & Chief Human Resources Officer at Tractor Supply Co. (TSCO), received equity awards on February 10, 2026. The filing shows a grant of 5,305 restricted stock units (RSUs) and a derivative award of 23,751 option-like units, each recorded with an acquisition price of $0.00. Both awards vest in three equal installments: 33 1/3% on Feb 10, 2027, Feb 10, 2028, and Feb 10, 2029.
  • These are compensation grants (awards), not open-market purchases or sales, and do not indicate an immediate cash transaction or sale of shares.

Key Details

  • Transaction date: February 10, 2026; Form 4 filed Feb 12, 2026 (timely within the SEC two-business-day reporting window).
  • Grants: 5,305 RSUs (each RSU converts to one share at vesting) and 23,751 stock-option-type units (derivative award); both show acquisition price $0.00 on the Form 4.
  • Vesting: 33 1/3% on Feb 10 of 2027, 2028 and 2029 for both awards (per footnotes).
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Footnotes: F1 = RSU grant terms; F2 = option-like award that vests and becomes exercisable in thirds on the dates above.

Context

  • RSUs convert into shares upon vesting (no exercise required); the derivative award is a vesting option-like grant that becomes exercisable over time. Neither award implies an immediate sale or purchase of stock.
  • Such grants are common executive compensation and are primarily a retention/incentive mechanism rather than a direct market sentiment signal.