CRACKER BARREL (CBRL) CEO Julie Masino Receives RSUs; Shares Withheld

What Happened

• Julie D. Masino, CEO and Director of Cracker Barrel Old Country Store (CBRL), had performance-based restricted stock units (RSUs) vest on 2026-09-30. 6,922 shares were issued on conversion of the RSU awards at $0 exercise price. To satisfy tax-withholding obligations, 2,932 shares were surrendered for this vesting and an additional 16,980 shares were surrendered to satisfy withholding on previously disclosed awards. The withheld shares were valued at $52.62 each, totaling $154,282 and $893,488 respectively (combined $1,047,770).

Key Details

• Transaction date: 2026-09-30; Form filed: 2026-10-01 (appears timely).
• Reported actions: M = exercise/conversion of derivative (RSU settlement) — 6,922 shares acquired at $0; F = shares withheld for tax — 2,932 shares ($154,282) and 16,980 shares ($893,488) at $52.62.
• Shares surrendered total: 19,912 shares, combined withholding value $1,047,770.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: F1 = vesting of performance-based RSUs under FY24 Long-Term Performance Plan after Compensation Committee certification; F2 = shares withheld for federal tax on this vesting; F3 = shares withheld for federal tax on previously disclosed awards.

Context

• This was a compensation event (RSU vesting) rather than an open-market purchase or planned sale. The withholding of shares to meet tax obligations is routine and does not necessarily indicate a change in the insider’s view of the company. The exercise/conversion notation here reflects settlement of RSUs into common shares.