Kroger (KR) director Sutton adds phantom stock via dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sutton Mark S reported acquisition or exercise transactions in this Form 4 filing.
Kroger Co. director Mark S. Sutton reported routine compensation-related changes in his holdings. He received 42.002 phantom stock incentive shares at $61.5200 per share through dividend reinvestment in a deferred compensation plan. Each phantom share represents the right to receive one common share upon future distribution.
Following this award, Sutton holds 7,424.844 phantom stock units and 42,344 shares of Kroger common stock directly. The phantom stock will be distributed after his service as an independent director ends, so this filing reflects deferred, non-cash compensation rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sutton Mark S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock - Incentive Shares | 42.002 | $61.52 | $3K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock - Incentive Shares — 7,424.844 shares (Direct, null);
Common Stock — 42,344 shares (Direct, null)
Footnotes (1)
- Each phantom share represents the right to receive one common share upon distribution from the deferred compensation account. Represents phantom stock acquired in dividend reinvestment transactions under a deferred compensation plan of The Kroger Co. Shares of phantom stock will be distributed following termination of the reporting person's services as an Independent Director of The Kroger Co.
Key Figures
Phantom stock granted: 42.0020 shares
Phantom stock grant price: $61.5200 per share
Phantom stock total holdings: 7,424.8440 units
+1 more
4 metrics
Phantom stock granted
42.0020 shares
Dividend reinvestment grant on 2026-06-01
Phantom stock grant price
$61.5200 per share
Recorded price for incentive phantom shares
Phantom stock total holdings
7,424.8440 units
Phantom stock after transaction
Common stock holdings
42,344 shares
Direct common stock held after transaction
Key Terms
phantom stock, Incentive Shares, deferred compensation plan, Independent Director
4 terms
phantom stock financial
"Represents phantom stock acquired in dividend reinvestment transactions under a deferred compensation plan of The Kroger Co."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
deferred compensation plan financial
"under a deferred compensation plan of The Kroger Co."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
Independent Director financial
"following termination of the reporting person's services as an Independent Director of The Kroger Co."
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
FAQ
What did Kroger (KR) director Mark S. Sutton report in this Form 4?
Mark S. Sutton reported receiving 42.002 phantom stock incentive shares of Kroger. These were acquired via dividend reinvestment in a deferred compensation plan and increase his deferred, non-cash holdings linked to Kroger common stock.
How many Kroger (KR) phantom stock units does Mark S. Sutton now hold?
After the reported transaction, Mark S. Sutton holds 7,424.844 phantom stock units. Each phantom share represents the right to receive one Kroger common share upon future distribution from his deferred compensation account.
What price is associated with the new Kroger (KR) phantom stock units?
The 42.002 phantom stock incentive shares are recorded at $61.5200 per share. This price applies to the dividend reinvestment acquisition within the deferred compensation plan, not to an open-market stock purchase or sale.