Form 4: Kroger Executive Todd A. Foley Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Senior VP & Interim CFO of Kroger, Todd A. Foley, reports acquisition and disposal of common stock related to incentive plans and tax liabilities.
Summary
- On March 13, 2025, Todd A. Foley, Senior VP & Interim CFO of Kroger, reported changes in beneficial ownership of Kroger common stock.
- Foley acquired 4,057 shares of common stock through a long-term incentive plan at $0.
- He disposed of 1,812 shares at $66.1 and 4,928 shares at $65.1 to cover tax liabilities associated with share awards and restricted stock.
- Following these transactions, Foley beneficially owns 49,813 shares of Kroger common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and tax obligations. There is no indication of significant positive or negative implications for the company.
Positives
- Acquisition of 4,057 shares through a long-term incentive plan suggests confidence in the company's future performance.
Industry Context
Form 4 filings are routine disclosures for corporate insiders and are a standard part of maintaining transparency in the stock market. This filing indicates transactions related to executive compensation and tax obligations, which are common occurrences in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/13/2025 | Date of the reported transactions (acquisition and disposal of shares). |
| 03/17/2025 | Date of signature for the Form 4 filing. |
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