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

Sentiment:

SEC Form 4 Filing


Director Jennifer Kuperman Johnson acquired stock equivalents in Post Holdings through the company's Deferred Compensation Plan for Non-Management Directors.

Summary

  • On July 31, 2024, Jennifer Kuperman Johnson, a director of Post Holdings, Inc., acquired 101.599 stock equivalents through the company's Deferred Compensation Plan for Non-Management Directors.
  • These stock equivalents were acquired at a price of $109.36 per equivalent.
  • Following the transaction, Johnson directly owns 4,719.301 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.
  • Johnson has also granted a power of attorney to Diedre J. Gray, Elizabeth C. Minogue, and Beth E. Frohlichstein to handle SEC filings on her behalf.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and expected practice. The sentiment is neutral to slightly positive as it shows alignment of interests between the director and shareholders.

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-based compensation to align their interests with those of shareholders. Deferred compensation plans are a common way to provide this type of incentive.

Stakeholder Impact

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

Key Dates

DateDescription
2021-05-10Previous Power of Attorney granted to Diedre J. Gray and Margaret J. Lammert was revoked.
2024-07-10Date of execution of the new Power of Attorney.
2024-07-31Date of transaction: Acquisition of stock equivalents.
2024-08-02Date of signature by Attorney-in-Fact.

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