Form 4: Director Erb Thomas C Acquires Post Holdings Stock Equivalents Through Deferred Compensation Plan

Director Thomas C. Erb acquired 95.487 Post Holdings, Inc. stock equivalents through the company's Deferred Compensation Plan for Non-Management Directors on March 31, 2025.

Summary

• On March 31, 2025, Thomas C. Erb, a director of Post Holdings, Inc., acquired 95.487 stock equivalents.
• The acquisition was made through the Issuer's Deferred Compensation Plan for Non-Management Directors.
• These stock equivalents were acquired at a price of $116.36 per equivalent.
• Following the transaction, Erb directly owns 5,495.313 Post Holdings, Inc. stock equivalents.
• The stock equivalents have no fixed exercisable or expiration dates and will be distributed in cash upon separation from the Board of Directors.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating stability and alignment of interests. It is a neutral to slightly positive event.

Positives

• The acquisition of stock equivalents demonstrates the director's continued investment in the company's future.
• The Deferred Compensation Plan aligns the interests of non-management directors with those of shareholders.

Industry Context

Directors commonly use deferred compensation plans to align their interests with shareholders and manage their tax liabilities.

Comparison to Industry Standards

• Deferred compensation plans for directors are a common practice among publicly traded companies.
• The specifics of these plans, such as the form of payment (stock equivalents vs. cash) and vesting schedules, can vary widely.
• Comparing Post Holdings' plan to those of its peers would require a more detailed analysis of their compensation policies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning the director's interests with the company's performance.

Key Dates

Keywords

stock equivalents, Form 4, director, Post Holdings, deferred compensation, beneficial ownership