Schoch Martin C. 4
Research Summary
AI-generated summary
B&G Foods (BGS) EVP Martin Schoch Receives Restricted Stock Award
What Happened
Martin C. Schoch, EVP of Supply Chain at B&G Foods (BGS), was granted 34,583 shares of restricted stock on March 25, 2026 (award transaction). On the same date, 14,130 previously issued restricted shares vested and the company withheld 4,840 of those shares to satisfy tax withholding obligations (disposition), at an indicated withholding value of $5.11 per share (total $24,732). The new 34,583-share grant carries no purchase price and vests one‑third each March 25 in 2027, 2028 and 2029.
Key Details
- Transactions: 2026-03-25 — Award (A): 34,583 restricted shares @ $0.00 (acquired); Tax withholding (F): 4,840 shares withheld @ $5.11 (disposed) = $24,732.
- Vesting: The newly granted 34,583 shares vest 1/3 on each of March 25, 2027; March 25, 2028; and March 25, 2029 (footnote F1). The 4,840 withheld shares relate to vesting on March 25, 2026 of 14,130 shares from prior grants (footnote F2).
- Shares owned after the transactions: not stated in this filing.
- Filing timeliness: Form 4 filed 2026-03-27 for transactions dated 2026-03-25 — appears timely (within the standard two-business-day window).
- Codes: A = award/grant of restricted stock; F = shares withheld to satisfy tax withholding.
Context
Restricted stock awards are compensation, not market purchases — the grant itself is not a bullish market buy. The withheld shares are routine tax withholding upon vesting (not an open-market sale by the insider). No option exercises or open-market purchases/sales by Mr. Schoch are indicated in this filing.