Schum Ellen M 4

What Happened
Ellen M. Schum, EVP & President of Specialty at B&G Foods (BGS), was granted 42,518 shares of restricted stock on March 25, 2026 (reporting code A). On the same date, 7,535 shares were withheld by the company to satisfy tax withholding obligations related to restricted stock vesting (reporting code F) at a reported per-share value of $5.11, resulting in approximately $38,504 withheld. The grant is an award (not an open-market purchase or sale); the withheld shares reflect routine tax withholding, not a market sale by the insider.

Key Details

• Transaction dates: March 25, 2026 (grant and tax withholding).
• Grant: 42,518 restricted shares granted (code A) at $0.00 acquisition price (typical for restricted stock awards).
• Tax withholding: 7,535 shares withheld (code F) at $5.11 per share → ~$38,504 value withheld.
• Vesting schedule for the new grant: vests one-third on each of March 25, 2027, 2028 and 2029 (footnote F1).
• The withheld shares relate to vesting of 22,000 restricted shares on March 25, 2026 (footnote F2); shares withheld to cover tax are routine and reported as a disposition.
• Shares owned after the transaction are not specified in the provided filing.
• Filing: Form 4 filed March 27, 2026 for the March 25 transactions — appears timely (Form 4s are due within two business days).

Context
Restricted stock grants are compensation awards that vest over time and do not represent immediate open-market buying or selling; they are not direct indicators of bullish or bearish trading intent. The tax-withholding disposition is a common administrative step when restricted shares vest and does not imply the insider sold shares on the open market.