Form 4: Kroger Co. Executive Carin L. Fike Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Carin L. Fike, Vice President and Treasurer of Kroger Co., reported disposing of common stock to cover tax liabilities associated with restricted stock.
Summary
- On March 11 and 12, 2024, Carin L. Fike, Vice President and Treasurer of Kroger Co., disposed of common stock to cover tax liabilities.
- On March 11, 178 shares were disposed of at $54.99, and on March 12, 213 shares were disposed of at $55.31.
- Additionally, on March 11, 173 shares held indirectly by spouse were disposed of at $54.99, and on March 12, 249 shares held indirectly by spouse were disposed of at $55.31.
- Following these transactions, Fike directly owns 43,432.3526 shares and indirectly owns 3,500 shares through her spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for corporate officers to manage their tax obligations related to stock-based compensation.
Stakeholder Impact
- The stock disposal is unlikely to have a significant impact on shareholders, as it is a routine transaction for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock disposal for tax liability. |
| 03/12/2024 | Date of stock disposal for tax liability. |
| 03/13/2024 | Date of signature on the Form 4 filing. |
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