Tyson Foods (TSN) COO Wes Morris details stock, RSU and option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Tyson Foods Chief Operating Officer Wes Morris reported his initial ownership in the company. He directly holds 44,319.814 shares of Class A Common Stock. He also has several performance share awards tied to Class A stock, with underlying amounts of 28,876.444, 51,131.081 and 61,551.087 shares.
In addition, Morris holds non-qualified stock options covering 59,183 shares at an exercise price of $64.54 per share expiring on November 18, 2034, and 22,065 shares at $48.74 per share expiring on November 17, 2033. Footnotes describe time-based RSUs and performance-based awards that can vest between 50 and 200 percent based on multi-year operating income and relative total shareholder return targets.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
MORRIS WES
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Non-Qualified Stock Options (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Options (Right to Buy) | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Options (Right to Buy) — 22,065 shares (Direct, null);
Performance Shares — 61,551.087 shares (Direct, null);
Class A Common Stock — 44,319.814 shares (Direct, null)
Footnotes (1)
- Includes 5,641.649 shares of Class A Common Stock that vest on November 17, 2026; 9,050.079 restricted stock units ("RSUs") granted on November 18, 2024, representing the unvested portion of such grant following the vesting of the first annual installment, which remaining RSUs vest in equal annual installments on the second and third anniversaries of the grant date; and 29,628.038 RSUs granted on November 25, 2025, which vest in equal annual installments on the first, second and third anniversaries of the grant date and become fully vested after three years. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. These options vest in equal annual increments on each of the first, second and third anniversary dates of the grant and become fully vested after three years. Award of performance Class A Common Stock which vests on November 17, 2026 if the performance metrics described in the applicable Stock Incentive Agreement (the "SIA") are achieved. The performance metrics set forth in the SIAs are: (1) achievement of a three year (fiscal 2024-2026) cumulative operating income target; and (2) a favorable comparison of the relative total shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over a three year (fiscal 2024-2026) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50 to 200 percent and are reported as derivative securities at the 200 percent level. If none of the performance metrics are achieved, the award expires. Award of performance Class A Common Stock which will vest on November 18, 2027 if the performance metrics described in the applicable Stock Incentive Agreement (the SIA) are achieved. The performance metrics set forth in the SIAs are: (1) achievement of a three-year (fiscal 2025-2027) cumulative operating income target; and (2) a favorable comparison of the relative total shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over a three-year (fiscal 2025-2027) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50 to 200 percent and are reported as derivative securities at the 200 percent level. If none of the performance metrics are achieved, the award expires. Award of performance Class A Common Stock which will vest on the third anniversary date of the grant if the performance metrics described in the applicable Stock Incentive Agreement (the "SIA") are achieved. The performance metrics set forth in the SIAs are: (1) achievement of a three-year (fiscal 2026-2028) cumulative operating income target; and (2) a favorable comparison of the relative total shareholder return of the Issuer's Class A Common Stock compared to a predetermined peer group of publicly traded companies over a three-year (fiscal 2026-2028) period. Subject to the achievement of the performance metrics, the performance shares could vest at a level of 50 to 200 percent and are reported as derivative securities at the 100 percent level. If none of the performance metrics are achieved, the award expires.
Key Figures
Direct Class A shares: 44,319.814 shares
Performance shares award 1: 28,876.444 shares
Performance shares award 2: 51,131.081 shares
+5 more
8 metrics
Direct Class A shares
44,319.814 shares
Directly held Class A Common Stock
Performance shares award 1
28,876.444 shares
Underlying Class A shares for performance award
Performance shares award 2
51,131.081 shares
Underlying Class A shares for performance award
Performance shares award 3
61,551.087 shares
Underlying Class A shares for performance award
Options at $64.54
59,183 shares at $64.54/share
Non-qualified stock options expiring November 18, 2034
Options at $48.74
22,065 shares at $48.74/share
Non-qualified stock options expiring November 17, 2033
RSUs grant 2024
9,050.079 RSUs
Granted November 18, 2024; vest over three years
RSUs grant 2025
29,628.038 RSUs
Granted November 25, 2025; vest over three years
Key Terms
Performance Shares, Restricted Stock Units ("RSUs"), Non-Qualified Stock Options (Right to Buy), total shareholder return, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"9,050.079 restricted stock units ("RSUs") granted on November 18, 2024, representing the unvested portion of such grant"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Non-Qualified Stock Options (Right to Buy) financial
"Non-Qualified Stock Options (Right to Buy) with an exercise price of 64.5400"
Stock Incentive Agreement financial
"performance metrics described in the applicable Stock Incentive Agreement (the "SIA") are achieved"
FAQ
What does Tyson Foods (TSN) COO Wes Morris report owning in Class A Common Stock?
Wes Morris reports direct ownership of 44,319.814 shares of Tyson Foods Class A Common Stock. This figure reflects his current direct equity stake, separate from performance shares, restricted stock units, and stock options disclosed alongside it.
What stock options are disclosed for Tyson Foods (TSN) COO Wes Morris?
Morris holds non-qualified stock options over 59,183 shares at an exercise price of $64.54 expiring November 18, 2034, and 22,065 shares at $48.74 expiring November 17, 2033. These options give him the right to buy Tyson Foods Class A shares.
What restricted stock units (RSUs) are reported for Tyson Foods (TSN) COO Wes Morris?
Footnotes show 9,050.079 RSUs granted November 18, 2024 and 29,628.038 RSUs granted November 25, 2025, plus 5,641.649 shares vesting November 17, 2026. These RSUs generally vest in equal annual installments over three years, each delivering one Class A share when vested.
Over what fiscal periods are Tyson Foods (TSN) performance metrics measured for Wes Morris’s awards?
Performance awards reference fiscal 2024–2026, 2025–2027, and 2026–2028 three-year periods. Metrics combine cumulative operating income targets and relative total shareholder return versus a peer group to determine whether, and at what level, performance shares vest or expire.