Form 4: WK Kellogg Co Director Gund G Zachary Reports Acquisition of Deferred Stock Units

Director Gund G Zachary reports the acquisition of 2,024 deferred stock units in WK Kellogg Co on February 14, 2025.

Summary

• On February 14, 2025, Gund G Zachary, a director of WK Kellogg Co, acquired 2,024 deferred stock units.
• These units were granted under the Amended and Restated WK Kellogg Co 2023 Long-Term Incentive Plan.
• Each deferred stock unit represents the economic equivalent of one share of WK Kellogg Co common stock.
• The reporting person now beneficially owns 10,333.43 deferred stock units.
• The price of the deferred stock units is $19.76.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of deferred stock units, indicating alignment of the director's interests with the company's long-term performance.

Positives

• The acquisition of deferred stock units by a director signals confidence in the company's future performance.

Future Outlook

The deferred stock units are payable in shares of Common Stock, either in a lump sum or in ten annual installments, commencing on the date on which the service of the Reporting Person as a Director terminates.

Industry Context

This filing is a routine disclosure of a director's acquisition of deferred stock units, which is a common form of executive compensation in publicly traded companies.

Stakeholder Impact

• The acquisition of deferred stock units by a director can positively influence shareholder sentiment by aligning management's interests with those of the shareholders.

Key Dates