TSNTyson Foods
Deals with insiders in the proxy filed 2025-12-17
Deals between TSN and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2024-12-18.
CERTAIN TRANSACTIONS“In fiscal year 2025, the Company terminated its sponsorship agreement for the Blessings Collegiate Invitational golf tournament, an event held at The Blessings, LLC. In connection with this termination, the Company paid a $400,000 fee to TGC, LLC d/b/a Golf Channel under the terms of the contract between The Blessings, LLC, an affiliate of Tyson Limited Partnership and TGC, LLC.”
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CERTAIN TRANSACTIONS“Kyle Guziec, son-in-law of Mr. White, was employed as VP Business Development & Commodity Trading during fiscal year 2025, and received compensation including a base salary and Executive Rewards Allowance of $283,386, a bonus of $237,827, and $14,176 in other employee benefits (including Company contributions to his Executive Savings Plan, Retirement Savings Plan and Employee Stock Purchase Plan accounts and premiums paid by the Company for a long-term disability benefit). Kyle Guziec was granted awards of restricted stock units on November 18, 2024 with a grant date fair value of $56,250 and on May 9, 2025 with a grant date fair value of $32,000, each grant vests in equal increments on the first, second and third anniversary of the grant date subject to his continued employment through each vesting date, and on November 18, 2024 an award of non-qualified stock options which will vest in equal annual installments over three years with a grant date fair value of $18,763. All grants were made under the Stock Incentive Plan. Taylor White, son of Mr. White, was employed as Director Product Management during fiscal year 2025, and received compensation including a base salary of $189,969, a bonus of $93,001 and $11,839 in other employee benefits (including Company contributions to his Retirement Savings Plan and Employee Stock Purchase Plan accounts, premiums paid by the Company for a long-term disability benefit and an auto allowance). On November 18, 2024, Taylor White was granted an award of restricted stock units with a grant date fair value of $18,750, which vests in equal increments on the first, second and third anniversary of the grant date subject to his continued employment through each vesting date, and an award of non-qualified stock options which will vest in equal annual installments over three years with a grant date fair value of $6,259. All grants were made under the Stock Incentive Plan.”
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CERTAIN TRANSACTIONS“John R. Tyson, son of John H. Tyson, was employed by the Company during fiscal year 2025. For more information on his compensation and benefits see the section titled “Director Compensation for Fiscal Year 2025”.”
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No longer reported 1 paragraph of the proxy filed 2024-12-18 with nothing like them this year
CERTAIN TRANSACTIONS“On September 6, 2024, the Company purchased real property located at 316-322 Emma Avenue, Springdale, Arkansas for a purchase price of $830,000 from TBB Land Holdings, LLC, of which John H. Tyson is the sole member and Ms. Olivia Tyson is the manager. The purchase price excludes closing costs such as escrow fees, closing and transfer taxes, and other prorated adjustments, which were paid by the Company in the amount of $2,053. The real property is directly adjacent to other Company-owned property.”
Read it in last year's proxy ↗
The whole section
9 paragraphs quoted as filed
CERTAIN TRANSACTIONS“The following are the transactions occurring since September 28, 2024 (i) in which the Company was a participant, (ii) where the annual amount involved exceeded $120,000, and (iii) in which the Company’s executive officers, directors, director nominees, principal shareholders and other related parties had a direct or indirect material interest or which the Company has chosen to voluntarily disclose. Other than described in this section, no other transactions of this type are currently proposed.”
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CERTAIN TRANSACTIONS“The Company has contracts with an entity for the lease of wastewater treatment plants that service chicken processing facilities owned by the Company in Nashville, Arkansas, and Springdale, Arkansas. During fiscal year 2025, interests in the lessor entity were owned by the following persons: the Donald J. Tyson Revocable Trust (of which John H. Tyson, the Chairman of the Board, is one of the trustees); Berry Street Waste Water Treatment Plant, LP (of which the TLP owns 90%); Carla Tyson (sister of John H. Tyson); Cheryl Tyson (sister of John H. Tyson) and J.J. Caldwell-Tyson (sister of John H. Tyson). Aggregate lease payments made by the Company during fiscal year 2025 with respect to the Nashville facility were $750,000 plus $8,971 for property taxes attributable to the treatment plant. Aggregate lease payments made by the Company during fiscal year 2025 with respect to the Springdale facility were $450,000 plus an amount for property taxes; however, for property tax purposes the treatment plant is not segregated from the processing facility and, as such, the amount of property tax attributable to the treatment plant is not determinable.”
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CERTAIN TRANSACTIONS“In fiscal year 2025, the Company completed the sale of artwork from its offices to North Ark Bahamas, LLC, which is owned by John H. Tyson, John R. Tyson and Olivia L. Tyson, for the aggregate price of $162,000. This transaction was completed on February 4, 2025 and previously disclosed in our fiscal year 2024 proxy statement as a proposed transaction.”
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CERTAIN TRANSACTIONS“In fiscal year 2025, the Company provided administrative services to the Tyson Limited Partnership. After fiscal year 2025 ended, the Tyson Limited Partnership (including affiliates), reimbursed the Company $354,041 for administrative services provided in fiscal year 2025. Consistent with the foregoing reimbursement practice, the Company expects that the Tyson Limited Partnership will reimburse the Company in fiscal year 2027 for administrative services provided by the Company to the Tyson Limited Partnership in fiscal year 2026.”
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CERTAIN TRANSACTIONS“In fiscal year 2025, the Company terminated its sponsorship agreement for the Blessings Collegiate Invitational golf tournament, an event held at The Blessings, LLC. In connection with this termination, the Company paid a $400,000 fee to TGC, LLC d/b/a Golf Channel under the terms of the contract between The Blessings, LLC, an affiliate of Tyson Limited Partnership and TGC, LLC.”
Read it in the proxy ↗
CERTAIN TRANSACTIONS“Kyle Guziec, son-in-law of Mr. White, was employed as VP Business Development & Commodity Trading during fiscal year 2025, and received compensation including a base salary and Executive Rewards Allowance of $283,386, a bonus of $237,827, and $14,176 in other employee benefits (including Company contributions to his Executive Savings Plan, Retirement Savings Plan and Employee Stock Purchase Plan accounts and premiums paid by the Company for a long-term disability benefit). Kyle Guziec was granted awards of restricted stock units on November 18, 2024 with a grant date fair value of $56,250 and on May 9, 2025 with a grant date fair value of $32,000, each grant vests in equal increments on the first, second and third anniversary of the grant date subject to his continued employment through each vesting date, and on November 18, 2024 an award of non-qualified stock options which will vest in equal annual installments over three years with a grant date fair value of $18,763. All grants were made under the Stock Incentive Plan. Taylor White, son of Mr. White, was employed as Director Product Management during fiscal year 2025, and received compensation including a base salary of $189,969, a bonus of $93,001 and $11,839 in other employee benefits (including Company contributions to his Retirement Savings Plan and Employee Stock Purchase Plan accounts, premiums paid by the Company for a long-term disability benefit and an auto allowance). On November 18, 2024, Taylor White was granted an award of restricted stock units with a grant date fair value of $18,750, which vests in equal increments on the first, second and third anniversary of the grant date subject to his continued employment through each vesting date, and an award of non-qualified stock options which will vest in equal annual installments over three years with a grant date fair value of $6,259. All grants were made under the Stock Incentive Plan.”
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CERTAIN TRANSACTIONS“Randy King, brother of Mr. King, was employed as Complex Manager during fiscal year 2025, and received compensation including a base salary of $266,126, a bonus of $194,000 and $10,726 in other employee benefits (including Company contributions to his Retirement Savings Plan and Employee Stock Purchase Plan accounts and premiums paid by the Company for a long-term disability benefit). On November 18, 2024, Randy King was granted an award of restricted stock units with a grant date fair value of $56,250 which vests in equal increments on the first, second and third anniversary of the grant date subject to his continued employment through each vesting date, and an award of non-qualified stock options which will vest in equal annual installments over three years with a grant date fair value of $18,763. All grants were made under the Stock Incentive Plan.”
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CERTAIN TRANSACTIONS“John R. Tyson, son of John H. Tyson, was employed by the Company during fiscal year 2025. For more information on his compensation and benefits see the section titled “Director Compensation for Fiscal Year 2025”.”
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CERTAIN TRANSACTIONS“The related party transactions described above have been reviewed by the Governance and Nominating Committee, which has determined that the transactions are fair to the Company. The Governance and Nominating Committee oversees and reviews related party and other certain transactions between the Company and directors, executive officers or affiliates of the Company. This review typically entails the receipt of appraisals or other information from independent third parties which are utilized in the Governance and Nominating Committee’s determination of fairness. However, our Governance and Nominating Committee charter requires that the Governance and Nominating Committee review and approve all transactions with related persons as may be required to be disclosed by the rules of the SEC. The Governance and Nominating Committee is responsible for determining whether such transactions are fair to the Company. Directors and executive officers are specifically asked to disclose such transactions annually.”
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Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗