Form 4: Kroger Executive Todd Foley Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Senior VP & Interim CFO of Kroger, Todd A. Foley, reports disposing of 365 common stock shares to cover tax liabilities associated with restricted stock.
Summary
- On March 11, 2025, Todd A. Foley, Senior VP & Interim CFO of Kroger, disposed of 365 shares of Kroger's common stock.
- The transaction was executed to cover tax liabilities related to restricted stock.
- The price per share was $66.55.
- Following the transaction, Foley directly owns 52,496 shares of Kroger common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate a significant change in the executive's holdings or outlook.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with shareholder interests.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of stock disposal transaction |
| 03/13/2025 | 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.