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

Director Jennifer Kuperman Johnson acquired 95.973 Post Holdings, Inc. stock equivalents through the company's Deferred Compensation Plan for Non-Management Directors on August 30, 2024.

Summary

• On August 30, 2024, Jennifer Kuperman Johnson, a director of Post Holdings, Inc., acquired 95.973 stock equivalents of Post Holdings, Inc.
• The acquisition was made through the Issuer's Deferred Compensation Plan for Non-Management Directors.
• These stock equivalents are earned as retainers for her role as a director.
• The price of the stock equivalents was $115.77.
• Following the transaction, Johnson directly owns 4,814.342 stock equivalents.
• The stock equivalents have no fixed exercisable or expiration dates and are distributed in cash upon separation from the Board of Directors.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a standard transaction related to director compensation, indicating alignment of interests between the director and the company's shareholders.

Positives

• The acquisition of stock equivalents demonstrates the director's continued investment in the company's future.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Comparison to Industry Standards

• Deferred compensation plans for non-management directors are a common practice among publicly traded companies to align director interests with shareholder value.
• The specifics of the plan, such as the timing of stock equivalent crediting and cash distribution upon separation, are typical features of such arrangements.
• Comparable companies like General Mills or Kellogg also have similar deferred compensation plans for their directors.

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