Form 4: Kroger Co. Senior Vice President Mary Ellen Adcock Reports Stock Transactions
SEC Form 4 Filing
Mary Ellen Adcock, Senior Vice President of Kroger Co., reports the exercise of stock options and subsequent sale of shares, along with the acquisition of restricted stock and shares awarded under long-term incentive plans.
Summary
- On March 13, 2025, Mary Ellen Adcock, a Senior Vice President at Kroger Co., engaged in multiple transactions involving Kroger's common stock.
- Adcock exercised non-qualified stock options to acquire 41,460 shares at $24.75, 18,588 shares at $22.08, and 43,888 shares at $29.12.
- She then sold 41,460 shares at a weighted average price of $66.4275, 43,888 shares at a weighted average price of $66.3388, and 18,588 shares at a weighted average price of $66.41.
- Adcock also acquired 19,289 restricted shares and 15,204 shares under long-term incentive plans.
- Additionally, she disposed of shares to cover tax liabilities associated with share awards and restricted stock, specifically 6,789 shares at $66.1 and 3,117 shares at $65.1, respectively.
- Following these transactions, Adcock directly owns 218,723 shares of Kroger common stock and 42,247 non-qualified stock options.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's future.
Positives
- Adcock's acquisition of 19,289 restricted shares and 15,204 shares under long-term incentive plans indicates a continued alignment with the company's long-term performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common among corporate executives. These filings are monitored by investors to gain insights into management's perspective on the company's stock and future prospects.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies like Kroger (KR) and are comparable to similar filings from companies like Walmart (WMT), Costco (COST), and Target (TGT).
- The details disclosed, such as the number of shares traded and the prices, are consistent with the level of information expected in these filings.
- The vesting schedules and terms of the stock options and restricted stock awards are typical for executive compensation packages in the retail industry.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of shares available in the market.
- The vesting of restricted stock and stock options incentivizes the executive to continue contributing to the company's success.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of earliest transaction: exercise of stock options, sale of shares, and acquisition of restricted stock and shares under long-term incentive plans. |
| 03/14/2025 | Payment of tax liability associated with restricted stock. |
| 03/17/2025 | Date of signature for the Form 4 filing. |
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