Form 4: Kroger Director Ronald Sargent Reports Phantom Stock Acquisition

Director Ronald Sargent reports acquisition of phantom stock units in Kroger's deferred compensation plan.

Summary

• On September 30, 2024, Ronald Sargent, a director of Kroger Co., reported the acquisition of 811.2182 phantom stock units through the company's deferred compensation plan.
• These phantom stock units are payable in cash following the termination of Sargent's services as an Independent Director.
• The price of the derivative security is $53.93.
• Following the transaction, Sargent directly owns 73,498.7201 phantom stock units.
• Sargent also directly owns 124,911 shares of Kroger common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, indicating a standard transaction. It doesn't inherently suggest positive or negative sentiment.

Future Outlook

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

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.
• The deferred compensation plan impacts the director's long-term financial alignment with the company's performance.

Key Dates