Form 4: Kroger Executive Todd A. Foley Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Group Vice President Todd A. Foley of Kroger Co. reports disposing of 938 shares of common stock on March 8, 2024, to cover tax liabilities associated with restricted stock.
Summary
- On March 8, 2024, Todd A. Foley, Group Vice President of Kroger Co., disposed of 938 shares of common stock.
- The transaction was executed at a price of $55.97 per share.
- The disposal was to cover tax liabilities associated with restricted stock.
- Following the transaction, Foley directly owns 26,661 shares of Kroger common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and expected as part of executive compensation packages. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock disposal transaction. |
| 03/11/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.