Form 4: Kroger Executive Carin L. Fike Reports Stock Transaction

Kroger's Vice President and Treasurer, Carin L. Fike, reported a transaction involving the disposal of 62 shares of common stock to cover tax liabilities.

Summary

• Carin L. Fike, Vice President and Treasurer of Kroger, filed a Form 4 disclosing a transaction on December 6, 2024.
• The transaction involved the disposal of 62 shares of Kroger common stock at a price of $59.23 per share.
• This disposal was to cover tax liabilities associated with restricted stock.
• Following the transaction, Ms. Fike directly owns 47,558.476 shares of Kroger common stock.
• She also indirectly owns 3,768 shares through her spouse.
• Between July 1, 2024 and September 30, 2024, Ms. Fike acquired 27.6828 shares of Kroger common stock in the Company's employee benefit plans.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral transaction.

Industry Context

This is a routine filing related to insider transactions and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in the US, as mandated by the Securities and Exchange Commission (SEC).
• The transaction is typical for executives who receive stock-based compensation and need to cover tax obligations.
• Similar filings are made by executives at comparable companies such as Walmart (WMT) and Costco (COST) when they engage in stock transactions.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale of shares by an executive.
• The transaction does not impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Kroger, stock transaction, Form 4, insider trading, executive, Carin L. Fike, tax liabilities, employee benefit plans