Form 4: Kellanova Director Stephanie Burns Reports Changes in Beneficial Ownership

Director Stephanie Burns reports a transaction involving phantom stock units and indirect ownership of common stock in Kellanova.

Summary

• Stephanie Burns, a director at Kellanova, filed a Form 4 detailing changes in her beneficial ownership.
• The report indicates a transaction involving phantom stock units acquired on February 14, 2025.
• She acquired 160.53 phantom stock units.
• She disposed of 12,278.097 phantom stock units at a price of $81.76.
• Burns indirectly owns 32,418.594 shares of Kellanova common stock held in trust.
• The final value of phantom stock units will be determined upon her retirement and paid in stock according to the Kellanova Deferred Compensation Plan for Non-Employee Directors.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Future Outlook

The final value of phantom stock units is to be determined as of the date of the reporting person's retirement and paid in stock.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Key Dates