Form 4: Director Jennifer Kuperman Johnson Acquires Post Holdings Stock Equivalents Through Deferred Compensation Plan

Jennifer Kuperman Johnson, a director of Post Holdings, Inc., acquired 97.884 stock equivalents through the company's Deferred Compensation Plan for Non-Management Directors on February 28, 2025.

Summary

• On February 28, 2025, Jennifer Kuperman Johnson, a director of Post Holdings, Inc., acquired 97.884 Post Holdings, Inc. 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 $113.51 per equivalent.
• Following the transaction, Johnson directly owns 5,400.395 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 a stable and ongoing relationship between the director and the company. It's a neutral to slightly positive indicator as it shows continued investment by a key stakeholder.

Positives

• The acquisition of stock equivalents demonstrates the director's continued investment in the company's future.
• The Deferred Compensation Plan allows directors to align their interests with those of the shareholders.

Industry Context

This filing is a routine disclosure related to insider transactions and deferred compensation plans, which are common practices in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Deferred compensation plans for non-management directors are a common practice among publicly traded companies, including those in the consumer packaged goods industry like Post Holdings.
• Companies such as General Mills and Kellogg's also utilize similar compensation structures to attract and retain qualified board members.
• The specific terms of these plans, such as the timing of stock equivalent grants and cash distribution upon separation, can vary based on company policy and market conditions.

Stakeholder Impact

• The transaction aligns the director's interests with those of the shareholders, potentially leading to better corporate governance and decision-making.

Key Dates