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

Director Stephanie Burns reports changes in beneficial ownership of Kellanova stock, including phantom stock units, as of May 14, 2025.

Summary

• Stephanie Burns, a director of Kellanova, filed a Form 4 to report changes in her beneficial ownership of the company's securities.
• The reported transactions include phantom stock units acquired under the Kellanova Deferred Compensation Plan for Non-Employee Directors.
• As of May 14, 2025, Burns beneficially owns 34,537.594 shares of Kellanova common stock held in trust.
• She also owns 12,587.577 phantom stock units, with a value to be determined upon retirement and paid in stock.
• The acquisition of 309.48 phantom stock units was reported at a price of $82.8 per unit.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Future Outlook

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

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a company director.

Key Dates

Keywords

Form 4, beneficial ownership, Kellanova, director, phantom stock units, securities, stock