Form 4: Kroger Co. Executive Gabriel Arreaga Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Senior Vice President Gabriel Arreaga of Kroger Co. reports disposing of 1,019 shares of common stock on March 11, 2024, to cover tax liabilities associated with restricted stock.
Summary
- On March 11, 2024, Gabriel Arreaga, a Senior Vice President at Kroger Co., disposed of 1,019 shares of common stock.
- The transaction was executed at a price of $54.99 per share.
- The disposal was related to the payment of tax liability associated with restricted stock.
- Following the transaction, Arreaga beneficially owns 63,068 shares of Kroger Co. common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate a significant shift in the executive's confidence in the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock disposal transaction. |
| 03/13/2024 | Date of signature for the Form 4 filing. |
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