September 22, 2025 · Form 4 insider transaction
Riksen Robert Todd sold 12,007 shares of SPARTANNASH CO at $26.90 per share, a transaction worth $323.0K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.
Pursuant to the Merger Agreement, each SpartanNash PSU granted prior to the date of the Merger Agreement and outstanding immediately prior to the Effective Time automatically vested as to a pro-rata portion of such SpartanNash PSU based on the time completed in the applicable performance period and was cancelled and converted into the right to receive $26.90 in respect of each share of SpartanNash Company stock subject to such SpartanNash PSU. The remaining portion of each SpartanNash PSU outstanding and unvested as of the Effective Time was cancelled and converted into the right to receive a cash-based award equal to $26.90 in respect of each share of SpartanNash common stock subject to the remaining unvested portion of such SpartanNash PSU, which cash-based award will, subject to the holder's continued service with C&S Wholesale Grocers, LLC and its affiliates through the applicable vesting dates, vest and be payable on the last day of the original performance period.