Form 4: Kroger Co. Senior Vice President Valerie L. Jabbar Reports Stock Disposals for Tax Obligations
SEC Form 4
Valerie L. Jabbar, a Senior Vice President at Kroger Co., reported disposing of common stock to cover tax liabilities associated with restricted stock.
Summary
- On March 11, 2024, Valerie L. Jabbar disposed of 823 shares of Kroger Co. common stock at a price of $54.99 per share to cover tax obligations.
- On March 12, 2024, Ms. Jabbar disposed of 768 shares of Kroger Co. common stock at a price of $55.31 per share for the same reason.
- Following these transactions, Ms. Jabbar beneficially owns 73,334 shares of Kroger Co. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock disposals for tax purposes, and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates stock disposals to cover tax obligations, which is a common practice.
Stakeholder Impact
- The stock disposals are unlikely to have a significant impact on shareholders, as they are related to tax obligations and represent a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Disposal of 823 shares of common stock at $54.99 per share. |
| 03/12/2024 | Disposal of 768 shares of common stock at $55.31 per share. |
| 03/13/2024 | Date of signature for the Form 4 filing. |
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