Form 4: Kroger Executive Todd A. Foley Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Group Vice President Todd A. Foley of Kroger Co. reports disposing of common stock to cover tax liabilities associated with restricted stock.
Summary
- On March 11, 2024, Todd A. Foley, a Group Vice President at Kroger Co., disposed of 362 shares of common stock at a price of $54.99.
- On March 12, 2024, Foley disposed of an additional 363 shares of common stock at a price of $55.31.
- These transactions were executed to cover tax liabilities associated with restricted stock.
- Following these transactions, Foley directly owns 25,936 shares of Kroger Co. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Todd A. Foley disposed of 362 shares of common stock at $54.99. |
| 03/12/2024 | Todd A. Foley disposed of 363 shares of common stock at $55.31. |
| 03/13/2024 | Date of signature for the Form 4 filing. |
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