Form 4: WK Kellogg Co Director Mindy Sherwood Reports Acquisition of Deferred Stock Units

Director Mindy Sherwood reports the acquisition of 1,424 deferred stock units in WK Kellogg Co on August 15, 2024.

Summary

• On August 15, 2024, Mindy Sherwood, a director of WK Kellogg Co, acquired 1,424 deferred stock units.
• These units were granted under the Amended and Restated WK Kellogg Co 2023 Long-Term Incentive Plan.
• 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.
• Following the transaction, Sherwood directly owns 4,179.67 deferred stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects a director's continued investment in the company, suggesting confidence in its future.

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 related to executive compensation and is typical for publicly traded companies.

Stakeholder Impact

• The acquisition of deferred stock units by a director may positively influence shareholder sentiment.

Key Dates