Form 4: Kroger Director Elaine L. Chao Reports Acquisition of Phantom Stock

Elaine L. Chao, a director of Kroger Co., reported the acquisition of phantom stock units representing the right to receive cash equivalent to 404.9988 shares of common stock, as well as holding 4,083.512 shares of common stock.

Summary

• On March 31, 2025, Elaine L. Chao, a director at Kroger Co., acquired 404.9988 units of phantom stock through deferred compensation.
• Each phantom stock unit represents the right to receive cash equal to one share of Kroger's common stock upon distribution from the deferred compensation account.
• The price of the derivative security was $64.815.
• Following the transaction, Ms. Chao beneficially owns 4,511.8872 derivative securities.
• Ms. Chao also directly owns 4,083.512 shares of Kroger common stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to director compensation, with no indication of unusual or concerning activity.

Future Outlook

The phantom stock is payable in cash following termination of the reporting person's services as an Independent Director of The Kroger Co.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates

Keywords

Form 4, Kroger, Director, Elaine L. Chao, Phantom Stock, Deferred Compensation, Beneficial Ownership