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

Director Anne Gates reported acquiring phantom stock in Kroger through dividend reinvestment under a deferred compensation plan.

Summary

• Anne Gates, a director of Kroger Co., filed a Form 4 on March 4, 2024, reporting a transaction on March 1, 2024.
• The transaction involved the acquisition of 97.956 phantom shares of common stock through dividend reinvestment under a deferred compensation plan.
• The price of the derivative security was $49.16 per share.
• Following the transaction, Ms. Gates beneficially owns 16,703.176 derivative securities.
• Ms. Gates also directly owns 31,025 shares of Kroger common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Future Outlook

Shares of phantom stock will be distributed following termination of the reporting person's services as an Independent Director of The Kroger Co.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests between management and shareholders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the director's holdings and alignment with company performance.

Key Dates