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  "documentTitle": "Macellum Spartan Nash Presentation May 2022",
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  "presentationDate": "2022-05-01 00:00:00",
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      "kind": "list",
      "text": "The Board and management own a very small amount of stock\nThe current independent directors collectively own just 0.87% of the Company\nMr. Sarsam, the CEO, owns 0.06%\nAlarmingly, most Board members have sold significant portions of their holdings",
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      "text": "Source: Bloomberg LP; Company Filings. Notes: Excludes three newly appointed directors in Company's self-refresh.",
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      "text": "SINCE 2014: Original Position, Shares Sold, Current Position, % of Position. [List of 8 directors and their data]",
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      "text": "ISSUE #4 (CONT.): THE BOARD HAS OVERSEEN INSUFFICIENT OWNERSHIP, LEADING TO A LACK OF SHAREHOLDER ALIGNMENT",
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