Form 4: Kroger Co. Executive Ronald Sargent Reports Changes in Beneficial Ownership
SEC Filing
Ronald Sargent, Chairman and Interim CEO of Kroger Co., filed a Form 4 detailing changes in his beneficial ownership of company stock, including phantom stock acquired through dividend reinvestment.
Summary
- On March 3, 2025, Ronald Sargent, Chairman and Interim CEO of Kroger Co., reported changes in his beneficial ownership of Kroger stock.
- The filing indicates the acquisition of 338.613 phantom stock incentive shares and dividend reinvestment transactions resulting in 60,891.24 phantom stock shares at $62.89 per share.
- Sargent directly owns 124,911 shares of Kroger common stock.
- The phantom stock represents the right to receive one common share upon distribution from a deferred compensation account following termination of services as an Independent Director.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Future Outlook
The phantom stock will be distributed following termination of the reporting person's services as an Independent Director of The Kroger Co.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company. This filing is specific to Ronald Sargent's holdings in Kroger.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of Earliest Transaction and acquisition of phantom stock. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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