Form 4: Director Erb Thomas C Acquires Post Holdings Stock Equivalents Through Deferred Compensation Plan
SEC Form 4 Filing
Director Thomas C. Erb acquired 104.671 Post Holdings, Inc. stock equivalents on April 30, 2024, through the company's Deferred Compensation Plan for Non-Management Directors.
Summary
- On April 30, 2024, Thomas C. Erb, a director of Post Holdings, Inc., acquired 104.671 stock equivalents.
- The acquisition was made through the Issuer's Deferred Compensation Plan for Non-Management Directors.
- These stock equivalents are earned as retainers for serving as a director.
- The stock equivalents are valued at $106.15 each.
- Following the transaction, Erb directly owns 4,409.472 shares.
- The stock equivalents will be distributed in cash upon separation from the Board of Directors.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through a standard compensation plan.
Positives
- The acquisition of stock equivalents demonstrates the director's continued investment in the company's future.
Industry Context
Directors commonly receive stock-based compensation as part of their overall remuneration, aligning their interests with those of shareholders.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of transaction: Thomas C. Erb acquired Post Holdings, Inc. stock equivalents. |
| 05/01/2024 | Date of report: Form 4 filing date. |
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