Form 4: Kroger Director Aufreiter Reports Changes in Beneficial Ownership

Director Nora A. Aufreiter reports acquisition of phantom stock through dividend reinvestment in Kroger's deferred compensation plan.

Summary

• On June 3, 2024, Nora A. Aufreiter, a director of Kroger Co., reported changes in beneficial ownership of Kroger stock.
• The reported transaction involves the acquisition of phantom stock through dividend reinvestment under Kroger's deferred compensation plan.
• Aufreiter acquired 57.517 phantom shares at a price of $51.86 per share, totaling $10,343.094.
• Following the transaction, Aufreiter directly owns 42,730 shares of common stock and 10,343.094 phantom shares.
• The phantom stock represents the right to receive one common share upon distribution from the deferred compensation account, which will occur following termination of Aufreiter's services as an Independent Director.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. There are no explicit positive or negative implications for the company's performance.

Positives

• The acquisition of phantom stock through dividend reinvestment indicates confidence in Kroger's future performance.

Future Outlook

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

Industry Context

This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends. However, it provides insight into the compensation structure for Kroger's directors.

Stakeholder Impact

• The transaction has minimal direct impact on stakeholders, as it primarily concerns the director's compensation and beneficial ownership.

Key Dates