Form 4: Kroger Executive Christine S. Wheatley Reports Stock Disposals for Tax Obligations

Senior Vice President Christine S. Wheatley of Kroger Co. reports disposing of common stock to cover tax liabilities associated with restricted stock.

Summary

• Christine S. Wheatley, a Senior Vice President at Kroger Co., filed a Form 4 with the SEC detailing changes in beneficial ownership of Kroger stock.
• On March 11, 2024, she disposed of 1,342 shares of common stock at a price of $54.99 to cover tax liabilities.
• On March 12, 2024, she disposed of 1,496 shares of common stock at a price of $55.31 to cover tax liabilities.
• Following these transactions, Wheatley directly owns 119,212 shares of Kroger common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock disposals for tax purposes, which is a neutral event.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The disposal of shares by an executive could be perceived negatively by some shareholders, although it is a common practice for covering tax obligations.

Key Dates