Form 4: WK Kellogg Co Director Gund G Zachary Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Gund G Zachary reports acquisition of deferred and phantom stock units related to dividends on WK Kellogg Co common stock.
Summary
- On March 14, 2025, Director Gund G Zachary acquired 85.25 deferred stock units under the WK Kellogg Co 2023 Long-Term Incentive Plan due to a dividend payment.
- These deferred stock units are economically equivalent to shares of WK Kellogg Co common stock and will be paid out after termination of service as a director.
- On March 17, 2025, Zachary also acquired 141.287 shares of phantom stock under the non-employee director compensation program, also related to a cash dividend.
- These phantom stock shares are economically equivalent to common stock shares and will be distributed upon separation of service.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock acquisitions related to dividends and compensation, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Acquisition of 85.25 deferred stock units. |
| 03/17/2025 | Acquisition of 141.287 shares of phantom stock. |
| 03/18/2025 | Date of signature by Attorney-in-Fact. |
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