Form 4: Kroger Director Nora Aufreiter Adjusts Stock Holdings

Kroger Director Nora A. Aufreiter reported the disposition of common stock and acquisition of phantom stock units through dividend reinvestment.

Summary

• Director Nora A. Aufreiter reported the disposition of 49,307 shares of Kroger common stock.
• Ms. Aufreiter acquired 55.007 phantom stock units on December 1, 2025, through dividend reinvestment transactions under a deferred compensation plan.
• Each phantom share represents the right to receive one common share upon distribution from the deferred compensation account.
• The phantom stock units were valued at $67.55 per unit.
• Following these transactions, Ms. Aufreiter beneficially owns 10,671.501 phantom stock units.
• The phantom shares will be distributed following the termination of Ms. Aufreiter's services as an Independent Director of The Kroger Co.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions for a director, including a disposition of common stock and an acquisition of phantom stock through dividend reinvestment. These are standard disclosures and do not indicate a strong positive or negative sentiment for the company's operational performance or future prospects.

Positives

• Acquisition of 55.007 phantom stock units through dividend reinvestment, which aligns director interests with shareholders through a deferred compensation plan.

Negatives

• Disposition of 49,307 shares of common stock by a director.

Stakeholder Impact

• Shareholders: The director's transactions, particularly the acquisition of phantom stock through dividend reinvestment, can be seen as a minor alignment of interests with shareholders, though the disposition of common stock is a neutral to slightly negative signal.

Next Steps

• Phantom shares will be distributed to Nora A. Aufreiter following the termination of her services as an Independent Director of The Kroger Co.

Key Dates

Keywords

Kroger, KR, Insider Transaction, Form 4, Director Stock, Phantom Stock, Dividend Reinvestment, Deferred Compensation