Form 4: Kroger Senior Vice President Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Timothy A. Massa, Senior Vice President of Kroger Co., reported disposing of common stock to cover tax liabilities associated with restricted stock.
Summary
- On March 11, 2024, Timothy A. Massa disposed of 2,109 shares of Kroger Co. common stock at a price of $54.99.
- On March 12, 2024, Mr. Massa disposed of 2,301 shares of Kroger Co. common stock at a price of $55.31.
- These transactions were to cover tax liabilities associated with restricted stock.
- Following these transactions, Mr. Massa directly owns 183,912 shares of Kroger Co. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, as it simply reports facts.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The stock disposal by a senior executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the stated reason for covering tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Disposal of 2,109 shares of common stock at $54.99. |
| 03/12/2024 | Disposal of 2,301 shares of common stock at $55.31. |
| 03/13/2024 | Date of signature for the Form 4 filing. |
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