Form 4: Kroger Director Ronald Sargent Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Ronald Sargent reports changes in beneficial ownership of Kroger stock, including phantom stock units acquired through deferred compensation.
Summary
- On March 31, 2024, Ronald Sargent, a director of Kroger Co., reported changes in his beneficial ownership of company stock.
- He acquired 846.2669 phantom stock units through deferred compensation at a price of $51.7 per unit.
- Following the transaction, Sargent directly owns 124,911 shares of Kroger common stock and 71,869.133 phantom stock units.
- The phantom stock units are payable in cash following the termination of Sargent's services as an Independent Director of The Kroger Co.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting standard insider trading reporting requirements.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of transaction: acquisition of phantom stock units. |
| 04/01/2024 | Date of signature on the Form 4 filing. |
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