Form 4: Kroger Executive Kenneth Kimball Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Kenneth Kimball, a Senior Vice President at Kroger, reported disposing of 235 shares of common stock to cover tax liabilities associated with restricted stock.
Summary
- On July 12, 2024, Kenneth C. Kimball, a Senior Vice President of Kroger Co., disposed of 235 shares of Kroger's common stock.
- The transaction was executed to cover tax liabilities related to restricted stock.
- The price per share was $52.49.
- Following the transaction, Kimball directly owns 105,063.2597 shares of Kroger common stock, including shares in employee benefit plans.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine Form 4 filing, which is common for corporate executives who receive stock as part of their compensation. It indicates a transaction where shares were sold to cover tax obligations, a typical occurrence.
Key Dates
| Date | Description |
|---|---|
| 07/12/2024 | Date of stock disposal transaction. |
| 07/15/2024 | Date of signature on the Form 4 filing. |
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