Form 4: Kellanova Executive Kris Bahner Reports Stock Transactions
SEC Form 4
Kris Bahner, SVP-Chief Global Corporate Affairs at Kellanova, reports the acquisition and disposal of common stock and derivative securities.
Summary
- On February 20, 2025, Kris Bahner exercised stock options to acquire 9,836 shares of Kellanova common stock at a price of $56.69 per share and disposed of 8,189 shares at $82.45.
- On February 21, 2025, Bahner exercised restricted stock units to acquire 13,210 shares of Kellanova common stock and disposed of 5,560 shares at $82.66.
- Following these transactions, Bahner directly owns 45,807.3652 shares of Kellanova common stock.
- Bahner also indirectly owns 156.236 shares through a 401(k) Profit Sharing Plan and 2,124 shares held jointly with a son.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Exercise of stock options and disposal of shares. |
| 02/21/2025 | Exercise of restricted stock units and disposal of shares. |
| 02/24/2025 | Date of signature for the Form 4 filing. |
Keywords
Kellanova, Kris Bahner, Stock Options, Restricted Stock Units, Form 4, Insider Trading, Beneficial Ownership, Securities Exchange Act
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