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Gregory A. Sandfort is the former CEO of Tractor Supply Company, having held the position from 2012 until August 2019. He has a solid background in merchandising, being responsible for the company’s strategy in the retail space. Sandfort’s annual compensation...

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Gregory A. Sandfort

Ex-CEO of Tractor Supply Company

Education

Not specified

Field of Expertise

Sales & Marketing - Merchandising

Sector of Economy

Consumer Cyclical

Born

January 1, 1966 - 59 years ago

CEO of Tractor Supply Company for

6 years 8 months (Dec 2012 - Aug 2019)

Previous Experience

President and Chief Operating Officer of the Company since February 2012, previously served as Chief Merchandising Officer of the Company from November 2007 until February 2012.

Holdings

See how much did Gregory A. Sandfort make over time.

Gregory A. Sandfort's holdings in Tractor Supply Company have shown impressive growth throughout his career. At his peak in 2021, the value of his stock holdings reached over $111.55 million. This was a substantial increase from $31.11 million in 2019....

Mar 18, 2025

Total Stock Sold

$61.66M

TSCO

$61.66M

3,617,635 TSCO shares

What if they kept their stock?

If Gregory A. Sandfort didn't sell their stock, today they would have:
Extra TSCO3,617,635 shares worth $63.84M.
This is 3.54% and $2.18M more than what they got when they sold the stock.

Charitable Transactions

TSCO

1,795,235 shares

TSCO

Recent Charitable Transactions

TSCO

17,592 shares

TSCO

Feb 14, 2019

Charity

TSCO

12,017 shares

TSCO

Feb 8, 2018

Charity

TSCO

10,591 shares

TSCO

Feb 8, 2017

Charity

TSCO

9,690 shares

TSCO

Feb 8, 2016

Charity

TSCO

10,244 shares

TSCO

Dec 26, 2015

Charity

TSCO

8,207 shares

TSCO

May 7, 2014

Charity

Insider Trading

See recent insider trades of Gregory A. Sandfort.

TSCO

$21.01M

TSCO at $105.00/share

May 5, 2020

Sale

TSCO

$2.85M

TSCO at $105.00/share

Apr 27, 2020

Sale

TSCO

$7.84M

TSCO at $105.00/share

Apr 16, 2019

Sale

TSCO

$2.26M

TSCO at $100.00/share

Apr 5, 2019

Sale

TSCO

$2.46M

TSCO at $95.00/share

Mar 26, 2019

Sale

TSCO

17,592 shares

TSCO

Feb 14, 2019

Charity

TSCO

17,592 shares

TSCO

Feb 14, 2019

Charity

TSCO

53,808 shares

TSCO

Feb 6, 2019

Received

TSCO

$12.70M

TSCO at $90.28/share

Sep 4, 2018

Sale

TSCO

12,017 shares

TSCO

Feb 8, 2018

Charity

Compensation History

See how much did Gregory A. Sandfort make over time.

Gregory A. Sandfort's compensation as CEO of Tractor Supply Company reflected his leadership role and the company’s performance. In 2019, he earned a total of $8.65 million, which included a base salary of $1.23 million and a hefty cash bonus of $1.39 million—this bonus was 250% of his salary and was a reward for meeting the company’s financial targets. His overall pay included significant incentives aligned with company performance, highlighting his focus on achieving targets. Sandfort's total compensation varied over the years, peaking in 2018 with over $9.32 million. This compensation structure emphasizes the company's philosophy of linking executive pay to its financial performance, ensuring that CEO incentives are directly tied to shareholder value and overall company success.

Year

2019

Total Compensation

$2.66M

Salary

$1.23M

Board Justification

The compensation philosophy is designed to align executive pay with the Company's financial performance and shareholder interests, focusing on pay-for-performance and competitive compensation based on market analysis.

Bonus

$1.39M

Board Justification

Based on the Company's financial performance for the fiscal year 2019, Mr. Sandfort received a cash bonus calculated as 250% of his base salary, prorated through January 12, 2020, his last day as CEO.

Other

$41.81K

Board Justification

Includes contributions to 401(k), life insurance premiums, and other personal benefits.

Restricted Stock

$0.00(0 RSUs and stock options)

Board Justification

Mr. Sandfort did not receive any new stock grants in 2019; however, all unvested RSUs and options were accelerated and became fully vested upon his retirement.

Performance Metrics

The Company's net income target for fiscal 2019 was $570.9 million, with actual net income of $562.4 million, resulting in a bonus payout of approximately 88.8% of target.