B&G Foods (NYSE: BGS) director awarded stock worth about $130K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
B&G Foods director Cheryl M. Palmer received a stock grant as part of her board compensation. On this Form 4, she acquired 26,915 shares of common stock at a stated price of $0.00 per share as a grant or award, not an open-market purchase.
Following the grant, Palmer directly holds 107,136 shares of B&G Foods common stock. A footnote explains that each non-employee director receives an annual equity grant of approximately $130,000 of common stock, based on a 30-day average closing price, as part of director compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Palmer Cheryl M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,915 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 107,136 shares (Direct, null)
Footnotes (1)
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Key Figures
Stock grant size: 26,915 shares
Post-grant holdings: 107,136 shares
Annual director equity value: approximately $130,000
3 metrics
Stock grant size
26,915 shares
Common Stock awarded to Cheryl M. Palmer on June 1, 2026
Post-grant holdings
107,136 shares
Cheryl M. Palmer direct ownership after the transaction
Annual director equity value
approximately $130,000
Value of each non-employee director’s annual equity grant based on 30-day average closing price
Key Terms
non-employee director, annual equity grant, 30-day average closing price, Grant, award, or other acquisition
4 terms
non-employee director financial
"Each non-employee director of B&G Foods receives an annual equity grant"
annual equity grant financial
"receives an annual equity grant of approximately $130,000 of Common Stock"
30-day average closing price financial
"based upon a 30-day average closing price as part of his or her non-employee director compensation"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did B&G Foods (BGS) report for Cheryl M. Palmer?
B&G Foods reported that director Cheryl M. Palmer received a grant of 26,915 shares of common stock. The shares were awarded at a stated price of $0.00 per share as part of her non-employee director equity compensation, rather than through an open-market purchase.
Was the B&G Foods (BGS) stock grant to Cheryl M. Palmer a cash purchase?
No, the transaction was recorded at a price of $0.00 per share, indicating a grant or award rather than a cash purchase. It represents equity compensation granted to a non-employee director, not an open-market buy made with personal funds at a market price.
How is the annual equity grant for B&G Foods (BGS) non-employee directors determined?
The footnote explains that each non-employee director receives an annual equity grant of approximately $130,000 of common stock. The number of shares is based on a 30-day average closing price, aligning the equity award’s value with recent market trading levels for the stock.
Does this B&G Foods (BGS) Form 4 indicate any stock sales by Cheryl M. Palmer?
No, the Form 4 only reports an acquisition coded as a grant, award, or other acquisition. The transaction summary shows one acquisition and no dispositions, exercises, gifts, or tax-withholding entries, so the filing reflects an increase, not a reduction, in her direct share holdings.