Form 4: Kroger Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Mary Ellen Adcock, Senior Vice President at Kroger, disposed of 5,834 shares of common stock to cover tax liabilities associated with restricted stock.
Summary
- On March 8, 2024, Mary Ellen Adcock, a Senior Vice President at Kroger Co., disposed of 5,834 shares of Kroger's common stock.
- The transaction was executed to cover the tax liability associated with restricted stock.
- The shares were sold at a price of $55.97 per share.
- Following the transaction, Adcock directly owns 158,130 shares of Kroger common stock.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (covering tax obligations) and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of transaction: Mary Ellen Adcock disposed of 5,834 shares of common stock. |
| 03/11/2024 | Date of signature on the Form 4 filing. |
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