secwatch.observer — SEC 8-K summary
======================================

Issuer:     Freshpet, Inc. (FRPT)
CIK:        0001611647
Form:       8-K
Filed at:   2025-12-12T23:59:59+00:00
Accession:  0000929638-25-004586
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Freshpet awards $1.75M retention RSUs to COO Nicola Baty
--------------------------------------------------------

- Grant date value of $1,750,819.72 in RSUs: 13,858 time-based and 13,858 performance-based RSUs.
- Time-based RSUs vest in two equal annual installments starting Jan 3, 2027, with continued employment.
- Performance-based RSUs vested 50% on FY2025-2027 cumulative net sales goal and 50% on 3-year Adjusted EBITDA margin; threshold 80%, max 120%.
- Grant intended to retain Baty after market-driven decrease in prior inducement equity value.
- Double-trigger 100% accelerated vesting on qualifying termination after change of control; no retirement vesting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611647/000092963825004586/0000929638-25-004586-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611647/000092963825004586/a8k.htm
  HTML page:      https://secwatch.observer/filing/0000929638-25-004586

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer