Form 4: Post Holdings Director Ellen F. Harshman Acquires Stock Equivalents

Director Ellen F. Harshman acquired stock equivalents in Post Holdings, Inc. through the company's Deferred Compensation Plan for Non-Management Directors.

Summary

• On June 28, 2024, Ellen F. Harshman, a director of Post Holdings, Inc., acquired 106.671 stock equivalents through the company's Deferred Compensation Plan for Non-Management Directors.
• These stock equivalents are earned as retainers and will be distributed in cash upon separation from the Board of Directors.
• Following the transaction, Harshman beneficially owns 8,817.736 stock equivalents.
• A Power of Attorney was executed on June 25, 2024, granting Diedre J. Gray, Elizabeth C. Minogue, and Beth E. Frohlichstein the authority to file SEC documents on Harshman's behalf.
• This Power of Attorney revokes the previous one granted to Diedre J. Gray and Margaret J. Lammert on September 29, 2017.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment as it shows 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.

Industry Context

Directors often receive stock or stock equivalents as part of their compensation, aligning their interests with shareholders. This is a common practice in publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates the director's continued investment in the company's success.

Key Dates