Form 4: Kroger Director Anne Gates Reports Acquisition of Phantom Stock Through Dividend Reinvestment

Anne Gates, a director at Kroger Co., reported acquiring phantom stock through dividend reinvestment in a deferred compensation plan.

Summary

• On September 4, 2024, Anne Gates, a director of Kroger Co., filed a Form 4 with the SEC.
• The filing reports the acquisition of 122.795 phantom shares of common stock on September 3, 2024, through dividend reinvestment in a deferred compensation plan.
• The price of the derivative security was $53.7.
• Following the transaction, Gates directly owns 20,729.374 derivative securities.
• Gates also directly owns 31,025 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company through a deferred compensation plan.

Stakeholder Impact

• The transaction reflects the director's continued investment in the company, which could be viewed positively by shareholders.

Key Dates