4 unchanged sentences
This does not include the number of persons whose stock is in nominee or “street” name accounts through brokers.
−Removed: We have never paid a cash dividend on our common stock and do not anticipate paying any cash dividends on our common stock in the foreseeable future.
+Added: We have never paid, and have no immediate plans to pay, cash dividends on our common stock.
Further, our ability to pay dividends is limited by the terms and conditions of our senior secured credit agreements, which require compliance with certain baskets and ratio tests and certain excess availability tests.
−Removed: Performance Graph
+Added: Stock Performance Graph
The following graph compares the cumulative total stockholder return on our common stock during the period from December 27, 2019 through December 27, 2024 with the cumulative total return on the NASDAQ Composite and the S&P Smallcap Food Distributor Index.
The comparison assumes that $100 was invested on December 27, 2019 in our common stock and in each of the foregoing indices and assumes reinvestment of dividends, if any.
+Added: The comparisons in the graph below are based on historical data and are not indicative of, or intended to forecast, future performance of our common stock.
The following performance graph and related information shall not be deemed “soliciting material” or to be “filed” with the Securities and Exchange Commission, nor shall such information be incorporated by reference into any future filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, each as amended, except to the extent that we specifically incorporate such information by reference into such filing.
2 unchanged sentences
NASDAQ COMPOSITE INDEX AND THE S&P SMALLCAP FOOD DISTRIBUTOR INDEX
−Removed: ASSUMES $100 INVESTED ON DECEMBER 28, 2018
December 27, 2019 December 25, 2020 December 24, 2021 December 30, 2022 December 29, 2023 December 27, 2024
9 unchanged sentences
Announced Plans
−Removed: or Programs Maximum
+Added: or Programs (2)
Dollar Value) of
2 unchanged sentences
Under the Plans
+Added: or Programs (2)
September 28, 2024 to October 25, 2024 — $ — — $ 90,000
2 unchanged sentences
Total 164,811 $ 45.47 162,159 $ 82,617
−Removed: (1) During the thirteen weeks ended December 29, 2023, we withheld 1,369 shares of our common stock to satisfy tax withholding requirements upon the vesting of restricted shares of our common stock awarded to certain of our officers and key employees.
−Removed: Share Repurchase Program
−Removed: On November 1, 2023, we announced a two-year share repurchase program in an amount up to $100.0 million targeting $25.0 million to $100.0 million of share repurchases by the end of fiscal 2025.
−Removed: Shares Issued for Acquisitions
−Removed: On May 1, 2023, the Company issued 75,008 shares of their common stock in connection with an acquisition, with an approximate value of $2,496 based on the trading price of the Company’s common stock on the date of acquisition.
−Removed: The shares were issued pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended, to the sellers as partial consideration.
+Added: (1) During the thirteen weeks ended December 27, 2024, we withheld 164,811 shares of our common stock to satisfy tax withholding requirements upon the vesting of restricted shares of our common stock awarded to certain of our officers and key employees resulting from either elections under 83(b) of the Internal Revenue Code of 1986, as amended, or upon vesting of such awards, in addition to shares purchased as part of a publicly announced program.
+Added: (2) In November 2023, we announced a two-year share repurchase program in an amount up to $100.0 million targeting $25.0 million to $100.0 million of share repurchases by the end of fiscal 2025.
Equity Compensation Plan Information
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.