Natural Grocers by Vitamin Cottage Announces Cash Bonuses for Executive Team Members

Natural Grocers by Vitamin Cottage, Inc. filed a Form 8-K with the Securities and Exchange Commission on October 25, 2024, to report certain compensatory arrangements approved by the Compensation Committee of the Board of Directors on October 21, 2024.

The company disclosed that it approved cash bonus awards for three key executive team members. Heather Isely, the Executive Vice President and Corporate Secretary, is set to receive a cash bonus award of $365,000. Elizabeth Isely, also an Executive Vice President, will receive an equal cash bonus award of $365,000. Additionally, Todd Dissinger, the Chief Financial Officer, will be granted a cash bonus award of $365,000.

These cash bonus awards were discretionary in nature and were not part of any non-equity incentive plan. The company did not provide further details regarding the specific rationale behind these compensatory arrangements.

In compliance with the Securities Exchange Act of 1934, the report was duly signed on behalf of Natural Grocers by Vitamin Cottage, Inc. by Kemper Isely, the Co-President, on October 25, 2024.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Natural Grocers by Vitamin Cottage’s 8K filing here.

Natural Grocers by Vitamin Cottage Company Profile

Natural Grocers by Vitamin Cottage, Inc, together with its subsidiaries, retails natural and organic groceries, and dietary supplements in the United States. The company’s stores offer natural and organic grocery products, such as organic produce; private label repackaged bulk products, including dried fruits, nuts, grains, granolas, teas, herbs, and spices, as well as peanut and almond butters; private label products comprising grocery staples, household products, bulk foods, and vitamins and dietary supplements, as well as organic eggs, organic flavored coffee, and organic mustard; dry, frozen, and canned groceries; meat and seafood products; dairy products, dairy substitutes, and eggs; prepared foods; bread and baked products; beverages; and beer, wine, and hard cider products.