Form 4: Kroger Director Sutton Reports Acquisition of Phantom Stock Through Dividend Reinvestment

Director Mark S. Sutton reports acquiring phantom stock in Kroger through dividend reinvestment in a deferred compensation plan.

Summary

• On March 3, 2025, Mark S. Sutton, a director of Kroger Co., acquired phantom stock through dividend reinvestment under the company's deferred compensation plan.
• The transaction resulted in the acquisition of 36.636 phantom shares at a price of $62.89 per share, totaling $7,236.716.
• Following the transaction, Sutton directly owns 39,577 shares of common stock and 7,236.716 derivative securities.
• The phantom stock represents the right to receive one common share upon distribution from the deferred compensation account following termination of services as an Independent Director.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of phantom stock through dividend reinvestment suggests confidence in the company's future, but it's a routine transaction.

Positives

• The acquisition of phantom stock through dividend reinvestment indicates Sutton's continued investment in Kroger's future.

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. This allows investors to monitor the buying and selling activities of those with privileged information about the company's prospects.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves the acquisition of phantom stock by a director.
• It provides transparency to shareholders regarding insider transactions.

Key Dates