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

Elaine L. Chao, a director of Kroger Co., reported the acquisition of additional phantom stock units through dividend reinvestment in a deferred compensation plan.

Summary

• On March 3, 2025, Elaine L. Chao, a director of Kroger Co., acquired 62.833 phantom stock units through dividend reinvestment under the company's deferred compensation plan.
• Each phantom share represents the right to receive one common share upon distribution from the deferred compensation account following termination of her services as an Independent Director.
• The price of the derivative security was $62.89.
• Following the transaction, Chao beneficially owns 12,411.344 derivative securities.
• Chao also directly owns 4,083.512 shares of Kroger common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard transaction (dividend reinvestment) and has neutral 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 ensure transparency in insider trading activities, providing investors with insights into the actions of company directors and officers.

Key Dates