Form 4: Director Jennifer Kuperman Johnson Acquires Post Holdings Stock Equivalents Through Deferred Compensation Plan
SEC Form 4 Filing
Jennifer Kuperman Johnson, a director at Post Holdings, Inc., acquired 106.671 stock equivalents through the company's Deferred Compensation Plan for Non-Management Directors on February 29, 2024.
Summary
- On February 29, 2024, Jennifer Kuperman Johnson, a director of Post Holdings, Inc., acquired 106.671 stock equivalents.
- The acquisition was made through the Issuer's Deferred Compensation Plan for Non-Management Directors.
- The stock equivalents were acquired at a price of $104.16 per equivalent.
- Following the transaction, Johnson directly owns 4,201.394 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 neutral to slightly positive sentiment as it demonstrates continued investment in the company.
Positives
- The acquisition of stock equivalents demonstrates the director's continued investment in the company.
- The Deferred Compensation Plan aligns the interests of non-management directors with those of shareholders.
Future Outlook
The stock equivalents will be distributed in cash upon separation from the Board of Directors.
Industry Context
Directors often receive stock or stock equivalents as part of their compensation, aligning their interests with shareholders. Deferred compensation plans are a common way to provide this benefit.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: Acquisition of Post Holdings, Inc. stock equivalents. |
| 03/04/2024 | Date of report filing. |
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