Kroger (NYSE: KR) SVP uses 1,891 shares to cover restricted stock taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kroger Co. Senior Vice President Valerie L. Jabbar reported two dispositions of common stock that were used to cover taxes on restricted stock, not open-market sales. On March 9, 1,083 shares were withheld at $73.37 per share, and on March 10, 808 shares were withheld at $72.24 per share. These transactions satisfied tax liabilities associated with restricted stock, as noted in the footnote, and she continued to directly hold 80,181 shares of Kroger stock after the March 10 transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jabbar Valerie L.
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 808 | $72.24 | $58K |
| Tax Withholding | Common Stock | 1,083 | $73.37 | $79K |
Holdings After Transaction:
Common Stock — 80,181 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Kroger (KR) executive Valerie L. Jabbar report?
Valerie L. Jabbar reported two share dispositions classified as tax-withholding events, not open-market sales. On March 9 and March 10, Kroger common shares were withheld to pay taxes owed on restricted stock, according to the Form 4 footnote.
What prices were used for Valerie Jabbar’s Kroger tax-withholding transactions?
The tax-withholding dispositions used market-based share values. On March 9, 1,083 Kroger shares were valued at $73.37 each, and on March 10, 808 shares were valued at $72.24 each, as disclosed in the Form 4 filing.
What does transaction code F mean in Valerie Jabbar’s Kroger Form 4?
Transaction code F indicates shares were disposed of to pay an exercise price or tax liability. In this case, the Form 4 footnote clarifies the Kroger shares covered tax obligations tied to restricted stock, rather than representing voluntary selling activity.