Form 4: Kroger Co. Executive Kenneth C. Kimball Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Senior Vice President of Kroger Co., Kenneth C. Kimball, reports disposing of shares to cover tax liabilities associated with restricted stock and employee benefit plans.
Summary
- Kenneth C. Kimball, a Senior Vice President at Kroger Co., filed a Form 4 detailing changes in beneficial ownership.
- On March 7, 2025, Kimball disposed of 1,039 shares of common stock at $66.7 to cover tax liabilities.
- On March 10, 2025, Kimball disposed of 1,241 shares of common stock at $67.72 also to cover tax liabilities.
- Following these transactions, Kimball directly owns 102,931.309 shares of Kroger common stock, including shares acquired through employee benefit plans between July 1, 2024, and December 31, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive stock transactions and is typical for publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and represent a small fraction of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| July 1, 2024 | Start date for the period during which the reporting person acquired shares of Kroger common stock in the Company's employee benefit plans. |
| December 31, 2024 | End date for the period during which the reporting person acquired shares of Kroger common stock in the Company's employee benefit plans. |
| 03/07/2025 | Date of the first reported transaction: disposal of 1,039 shares at $66.7. |
| 03/10/2025 | Date of the second reported transaction: disposal of 1,241 shares at $67.72. |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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