Form 4: Kroger Senior Vice President Yael Cosset Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Yael Cosset, Senior Vice President and CIO of Kroger Co., disposed of 8,691 shares of common stock on March 8, 2024, to cover tax liabilities associated with restricted stock.
Summary
- On March 8, 2024, Yael Cosset, a Senior Vice President and CIO at Kroger Co., disposed of 8,691 shares of Kroger's common stock.
- The transaction was executed to cover tax obligations related to restricted stock.
- The shares were disposed of at a price of $55.97 per share.
- Following the transaction, Cosset directly owns 140,426 shares of Kroger common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook on the company's performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock disposal transaction |
| 03/11/2024 | Date of signature on the Form 4 filing |
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