Company: SENEA
Filing Date: 2025-06-12
Form Type: 10-K
Source: 0001437749-25-020197
Chunk: 119

Company: Seneca Foods Corp
Filing Date: 2025-06-12
Form: 10-K
Item: Item 3
Chunk 119
---
2007 Equity Incentive Plan (the “2007 Equity Plan”) was approved by shareholders at the Company’s annual meeting on August 10, 2007 and extended on July 28, 2017. The 2007 Equity Plan expires in August 2027 and originally authorized the issuance of up to 100,000 shares of either Class A Common Stock and Class B Common Stock or a combination of the two classes of stock. During fiscal year 2025, 3,870 shares were awarded under the terms of the 2007 Equity Plan. As of March 31, 2025, there were 36,224 shares available for distribution as part of future awards under the 2007 Equity Plan. No additional shares have been awarded under the 2007 Equity Plan through the date of this Annual Report on Form 10-K. There are no equity compensation plans not approved by the Company’s shareholders.

The following sections of the Proxy Statement are incorporated herein by reference:

			●

			Security Ownership of Certain Beneficial Owners

			●

			Security Ownership of Management and Directors

Item 13. Certain Relationships and Related Transactions, and Director Independence

The following sections of the Proxy Statement are incorporated herein by reference:

			●

			Independent Directors

			●

			Certain Transactions and Relationships

18

Item 14. Principal Accountant Fees and Services

The following sections of the Proxy Statement are incorporated herein by reference:

			●

			Principal Accountant Fees and Services

PART IV

Item 15. Exhibits and Financial Statement Schedule

			A.

			Exhibits, Financial Statements, and Supplemental Schedule

			1.

			Financial Statements – the following consolidated financial statements of the Registrant, included in the 2025 Annual Report to Shareholders, are incorporated by reference in Part II, Item 8 “Financial Statements and Supplementary Data”:

			a.

			Consolidated Statements of Net Earnings – Years ended March 31, 2025, 2024, and 2023

			b.

			Consolidated Statements of Comprehensive Income – Years ended March 31, 2025, 2024, and 2023

			c.

			Consolidated Balance Sheets – As of March 31, 2025 and 2024

			d.

			Consolidated Statements of Cash Flows – Years ended March 31, 2025, 202