Form 4: Director Gregory L. Curl Acquires Post Holdings Stock Equivalents Through Deferred Compensation Plan

Gregory L. Curl, a director of Post Holdings, Inc., acquired stock equivalents through the company's Deferred Compensation Plan for Non-Management Directors on December 31, 2024.

Summary

• On December 31, 2024, Gregory L. Curl, a director of Post Holdings, Inc., acquired 97.072 stock equivalents through the company's Deferred Compensation Plan for Non-Management Directors.
• The price of the stock equivalents was $114.46, and the director now beneficially owns 5,900.547 shares.
• These stock equivalents are earned as retainers for serving as a director and are deferred into Post Holdings, Inc. stock equivalents.
• The value of these stock equivalents is distributed in cash upon separation from the Board of Directors on a one-for-one basis.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and well-structured governance process. It's a neutral event with a slightly positive implication for corporate governance.

Positives

• The acquisition of stock equivalents aligns the director's interests with those of the shareholders.
• The Deferred Compensation Plan allows directors to defer compensation into company stock, potentially increasing their stake in the company's success.

Future Outlook

The reporting person will continue to receive stock equivalents as part of the Deferred Compensation Plan for Non-Management Directors.

Industry Context

This filing is a routine disclosure of a director's acquisition of stock equivalents through a deferred compensation plan, which is a common practice among publicly traded companies to align the interests of directors with shareholders.

Comparison to Industry Standards

• Deferred compensation plans for directors are a common practice in publicly traded companies, including companies like General Mills and Kellogg's, to align director compensation with long-term shareholder value.
• The specifics of these plans, such as the form of compensation (stock equivalents vs. restricted stock units) and the vesting schedules, can vary significantly across companies.

Stakeholder Impact

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

Key Dates