Freshpet Files Definitive Proxy Statement

Ticker: FRPT · Form: DEF 14A · Filed: Aug 22, 2024 · CIK: 1611647

Freshpet, INC. DEF 14A Filing Summary
FieldDetail
CompanyFreshpet, INC. (FRPT)
Form TypeDEF 14A
Filed DateAug 22, 2024
Risk Levellow
Pages15
Reading Time18 min
Key Dollar Amounts$1.8 billion, $1 billion, $0.001
Sentimentneutral

Sentiment: neutral

Topics: proxy-statement, sec-filing, corporate-governance

Related Tickers: FRPT

TL;DR

Freshpet filed its proxy statement, shareholders get ready to vote.

AI Summary

Freshpet, Inc. filed its definitive proxy statement (DEF 14A) on August 22, 2024, for its fiscal year ending December 31, 2024. The filing indicates that no fee was required for this filing. The company's principal executive offices are located in Bedminster, New Jersey.

Why It Matters

This filing is a routine but important disclosure for shareholders, outlining information relevant to upcoming shareholder meetings and voting decisions.

Risk Assessment

Risk Level: low — This is a standard regulatory filing with no immediate financial implications or new risks disclosed.

Key Numbers

Key Players & Entities

FAQ

What is the purpose of a DEF 14A filing?

A DEF 14A filing, or definitive proxy statement, is a document filed with the SEC by a company that is soliciting proxies from its shareholders. It contains important information about matters to be voted on at shareholder meetings, such as director elections, executive compensation, and other corporate proposals.

When was this specific DEF 14A filing made by Freshpet, Inc.?

Freshpet, Inc. filed this definitive proxy statement on August 22, 2024.

What is the fiscal year end for Freshpet, Inc. as indicated in the filing?

The fiscal year end for Freshpet, Inc. is December 31.

Where are Freshpet, Inc.'s principal executive offices located?

Freshpet, Inc.'s principal executive offices are located at 1545 U.S. 206, 1st Floor, Bedminster, New Jersey.

Was there a filing fee associated with this DEF 14A filing?

According to the filing, no fee was required for this DEF 14A filing.

Filing Stats: 4,612 words · 18 min read · ~15 pages · Grade level 13.6 · Accepted 2024-08-22 16:06:00

Key Financial Figures

Filing Documents

Executive Compensation Tables

Executive Compensation Tables 63 Summary Compensation Table 63 Grants of Plan-Based Awards 64 Outstanding Equity Awards at Fiscal Year-End 65 Options Exercises and Stock Vested 67 Pension Benefits 67 Nonqualified Deferred Compensation 67 Potential Payments Upon Termination or Change in Control 68 CEO Pay Ratio 69 Pay Versus Performance 70 TABLE OF CONTENTS TABLE OF CONTENTS Director Compensation 74

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 76 Audit Committee Report 80 Proposals 81 Proposal No. 1: Election of Directors 83 Proposal No. 2: Approval 2024 Equity Plan 84 Proposal No. 3: Ratification of Appointment of Independent Registered Public Accounting Firm 96 Proposal No. 4: Advisory Vote on Named Executive Officer Compensation 97 Certain Relationships and Related Party Transactions 99 Delinquent Section 16(a) Reports 101 Additional Information 102 Other Business 103 Costs of the Solicitation 103 Householding of Annual Meeting Materials 103 Stockholder Proposals and Nominations for the 2024 Annual Meeting 103 Incorporation by Reference 104

Forward-Looking Statements

Forward-Looking Statements 105 Appendix A: Non-GAAP Financial Measures A-1 Appendix B: 2024 Equity Plan B-1 This proxy statement (the "Proxy Statement") and the accompanying form of proxy were first mailed to stockholders of record on or about August 22, 2024. An annual report for the year ended December 31, 2023 (our "Annual Report") is enclosed with this Proxy Statement. Electronic copies of this Proxy Statement and Annual Report are available at www.viewourmaterial.com/FRPT and investors.freshpet.com . In this Proxy Statement, we refer to Freshpet, Inc. as "Freshpet," the "Company," "we," and "us" (as the context requires), the Company's Board of Directors as the "Board," the Company's common stock, par value $0.001 per share, as the "Common Stock," and the Company's 2024 Annual Meeting of Stockholders, including any adjournments, postponements, or continuations thereof, as the "Annual Meeting." TABLE OF CONTENTS PROXY STATEMENT SUMMARY |1 PROXY STATEMENT SUMMARY This summary highlights information contained elsewhere in this Proxy Statement about Freshpet, Inc. and the upcoming Annual Meeting. This summary does not contain all the information you should consider in deciding how to vote your shares. Stockholders should read the entire Proxy Statement before voting. THE ANNUAL MEETING Time and Date: Tuesday, October 1, 2024 at 9:00 a.m. Eastern Time Place: Via live webcast by visiting www.virtualshareholdermeeting.com/FRPT2024 Record Date: The close of business on August 15, 2024 Attendance and Participation at the Annual Meeting: Stockholders as of the Record Date will be able to attend the virtual Annual Meeting by visiting the link above, where you will be able to listen to the meeting live, submit questions, and vote. To participate in the Annual Meeting, you must pre-register at www.virtualshareholdermeeting.com/FRPT2024 by 9:00 a.m. Eastern Time on September 30, 2024. More information on attending the Annual Meeting can be found in

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on Read The Filing