Form 4: Kroger Co. Senior Vice President Stuart Aitken Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Stuart Aitken, a Senior Vice President at Kroger Co., disposed of 8,487 shares of common stock on March 8, 2024, to cover tax liabilities associated with restricted stock.
Summary
- On March 8, 2024, Stuart Aitken, a Senior Vice President of Kroger Co., disposed of 8,487 shares of common stock.
- The transaction was executed to cover tax liabilities related to restricted stock.
- The sale price was $55.97 per share.
- Following the transaction, Aitken directly owns 167,551.1788 shares of Kroger Co. common stock.
- Aitken also indirectly owns 3,017.9124 shares through a spouse.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes and doesn't indicate a significant change in the executive's outlook on the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track potential shifts in sentiment or alignment of interests.
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 |
|---|---|
| 03/08/2024 | Date of stock disposal transaction. |
| 03/11/2024 | Date of signature on the Form 4 filing. |
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