Mills Robert D, Executive Vice President and Chief Technology Officer, has filed 38 Form 4 transactions across two companies, with a pronounced sell-side bias. Over the tracked period, his open-market sales totaled approximately $14.6 million, while he recorded zero open-market purchases. The bulk of that activity centered on Tractor Supply Company (TSCO), where he executed five open-market sales on February 14, 2024, ranging from roughly $140,520 to $4.89 million, for a combined $11.2 million. A subsequent sale on February 11, 2026, added another $3.4 million, bringing his TSCO sales to about $14.6 million. These sales were paired with option exercises on the same date totaling roughly $2.2 million, a mechanical transaction that typically precedes a sale rather than signaling conviction.
The remaining filings are overwhelmingly non-discretionary. Across TSCO and B&G Foods (BGS), Mills received multiple stock awards (code "A") with no cash value, including grants in February 2025 and February 2026, and a June 2026 award at BGS. He also had shares withheld to cover tax obligations (code "F") on numerous occasions—for example, $46,822.77 on February 12, 2026, and $74,849.51 on February 8, 2026—which are automatic deductions rather than market decisions. Notably, there are no code "P" purchases in the record, and the only BGS transaction is a zero-value grant, indicating his trading focus has been squarely on TSCO.
The pattern is consistent: Mills has been a net seller of TSCO stock over the past two years, with the largest dispositions clustered in February 2024 and a smaller follow-up in February 2026. The absence of any open-market buying, combined with the recurring tax-withholding sales tied to equity compensation, suggests a steady reduction of his position rather than opportunistic timing. His most recent activity—a February 2026 sale and subsequent option exercises—continues that trajectory, though the modest size of the latest sale relative to earlier ones may reflect a smaller remaining stake.
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