Form 4: Kroger Co. Senior Vice President Adcock Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Mary Ellen Adcock, Senior Vice President of Kroger Co., disposed of 656 shares of common stock on July 12, 2024, to cover tax liabilities associated with restricted stock.
Summary
- On July 12, 2024, Mary Ellen Adcock, a Senior Vice President at Kroger Co., reported a transaction involving the disposal of 656 shares of common stock.
- The transaction was executed to cover tax liabilities related to restricted stock.
- The shares were disposed of at a price of $52.49 per share.
- Following the transaction, Adcock directly owns 192,813 shares of Kroger Co. common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 07/12/2024 | Date of stock disposal transaction. |
| 07/15/2024 | Date of signature for the SEC filing. |
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