Key facts
- This page summarizes Risa Cretella's Form 4 filing for Sovos Brands, Inc..
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 19 Jan 2023, 19:07.
Risa Cretella - 17 Jan 2023 Form 4 Insider Report for Sovos Brands, Inc.
- Reporting relationship
- EXECUTIVE VICE PRESIDENT
- Issuer ticker
- N/A
- Reported as of
- 17 Jan 2023
- Net transaction value
- -$112,137
- SEC form
- 4
- Accepted by SEC
- 19 Jan 2023, 19:07:28 UTC
- Prior SEC filing
- 18 Jan 2022
- Next SEC filing
- 14 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ James Potter, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Risa Cretella filed Form 4 for Sovos Brands, Inc. on 19 Jan 2023.
Change
- Previous filing in this sequence was filed on 18 Jan 2022.
- Current net transaction value: -$112,137.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SOVO
transaction
Common Stock
Sale
- Transaction value
- $112,137
- Shares
- -8,274
- Change %
- -2.8%
- Price
- $13.55
- Shares after
- 287,765
- Date
- 17 Jan 2023
- Ownership
- Direct
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
Footnote F2
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $13.55 to $13.6299, inclusive. The Reporting Person undertakes to provide to the Issuer, any stockholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Footnote F3
Includes 114,563 restricted shares of common stock of the Issuer subject to performance-based vesting and the Reporting Person's continued service with the Issuer (a portion of which will vest on the last day of fiscal 2023, if such performance goals are not earlier achieved), 46,253 restricted stock units subject to time-based vesting, and 22,916 restricted stock units subject to performance-based vesting, in each case, subject to the terms of the applicable award agreement.