Freshpet grants COO Nicola Baty $1.75 million in retention equity awards
Freshpet's Compensation Committee approved a retention equity grant to Chief Operating Officer Nicola Baty, effective December 8, 2025, citing a substantial drop in the value of her earlier inducement awards. The grant's performance-based portion depends on three-year net sales and Adjusted EBITDA margin goals, so it adds potential future share dilution tied to company results.
Key points
- Grant date value of $1,750,819.72 in restricted stock units, effective December 8, 2025
- 13,858 time-based RSUs and 13,858 performance-based RSUs
- Time-based RSUs vest in two equal annual installments beginning January 3, 2027
- Performance RSUs tied 50% to FY 2025-2027 cumulative net sales and 50% to three-year Adjusted EBITDA margin goals
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 12, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.