Kroger (NYSE: KR) SVP granted stock, options and withholds shares for taxes
Rhea-AI Filing Summary
Kroger Co. Senior Vice President Joseph Michael Kelley reported routine equity compensation activity. On March 12, 2026, he received 14,487 non-qualified stock options with an exercise price of $74.96 per share, expiring on March 12, 2036, covering an equal number of common shares.
He was also awarded common stock grants totaling 9,345 shares on the same date under Kroger’s long-term incentive plans, including restricted stock that vests in roughly 33% annual installments over three years. To cover tax liabilities associated with these awards, the filing shows tax-withholding dispositions of 1,292 shares on March 12 at $74.96 per share and 782 shares on March 13 at $75.60 per share, described as payments of tax liability rather than open-market sales.
After these transactions, Kelley directly owns 45,840.445 shares of Kroger common stock, including shares held through employee benefit plans deemed tax-conditioned under Rule 16b-3.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 782 | $75.60 | $59K |
| Grant/Award | Non-Qualified Stock Option | 14,487 | $0.00 | -- |
| Grant/Award | Common Stock | 2,941 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,292 | $74.96 | $97K |
| Grant/Award | Common Stock | 6,404 | $0.00 | -- |
Footnotes (1)
- Shares awarded pursuant to a long-term incentive plan of The Kroger Co. Payment of tax liability associated with share award. Restricted stock awarded pursuant to a long-term incentive plan of The Kroger Co. The restrictions on these shares lapse in equal annual installments over a three-year period, at the rate of 33% per year commencing one year from the date of the award. Payment of tax liability associated with restricted stock. The total amount of securities directly owned by the reporting person includes shares in the Company's employee benefit plans that are deemed to be "tax-conditioned plans" pursuant to Rule 16b-3, to the extent disclosed on reports received from plan trustees. These options were granted under a long-term incentive plan of The Kroger Co. and vest in equal annual installments over a three-year period at the rate of 33% per year commencing one year after the date of the grant.