Form 4: Kroger Executive Timothy A. Massa Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Senior Vice President Timothy A. Massa of Kroger Co. reports disposing of 2,109 shares of common stock to cover tax liabilities associated with restricted stock.
Summary
- On March 11, 2025, Timothy A. Massa, a Senior Vice President at Kroger Co., disposed of 2,109 shares of common stock.
- The transaction was executed to cover tax liabilities related to restricted stock.
- The price per share for the disposal was $66.5.
- Following the transaction, Massa directly owns 110,146 shares of Kroger common stock.
- Massa also indirectly owns 115,000 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock disposal for tax purposes, which is neither particularly positive nor negative.
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.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of stock disposal transaction. |
| 03/13/2025 | Date of signature on the report. |
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