Form 4: Gregory L. Curl Reports Acquisition of Post Holdings Stock Equivalents
SEC Form 4 Filing
Director Gregory L. Curl reports acquisition of Post Holdings stock equivalents through deferred compensation plan.
Summary
- Gregory L. Curl, a director of Post Holdings, Inc., reported the acquisition of 106.671 stock equivalents on June 28, 2024.
- These stock equivalents were acquired through the Issuer's Deferred Compensation Plan for Non-Management Directors.
- The price of the stock equivalents was $104.16.
- Following the transaction, Curl beneficially owns 5,319.924 stock equivalents.
- Curl also granted a power of attorney to Diedre J. Gray, Elizabeth C. Minogue, and Beth E. Frohlichstein to handle SEC filings.
- The power of attorney revokes a previous one granted on January 20, 2012.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and insider confidence, but it's not a major event.
Positives
- The acquisition of stock equivalents reflects continued participation in the company's deferred compensation plan.
Future Outlook
The reporting person will continue to receive stock equivalents as part of the Deferred Compensation Plan for Non-Management Directors.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Comparison to Industry Standards
- Deferred compensation plans are a common practice for compensating directors in publicly traded companies.
- The specifics of Post Holdings' plan would need to be compared to those of peer companies to assess its relative generosity and effectiveness.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| January 20, 2012 | Date of previous Power of Attorney that was revoked. |
| June 26, 2024 | Date of execution of the new Power of Attorney. |
| June 28, 2024 | Date of transaction (acquisition of stock equivalents). |
| July 02, 2024 | Date of signature of the reporting person. |
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