Kroger (NYSE: KR) chairman uses 26,567 shares to pay restricted stock taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kroger Co. Chairman of the Board Ronald Sargent reported a tax-related share disposition. On March 13, he used 26,567 shares of common stock, valued at $75.60 per share, to pay tax liability associated with restricted stock. After this withholding, he directly holds 254,998 Kroger shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SARGENT RONALD
Role
Chairman of the Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 26,567 | $75.60 | $2.01M |
Holdings After Transaction:
Common Stock — 254,998 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Kroger (KR) chairman Ronald Sargent report?
Ronald Sargent reported a tax-withholding disposition of Kroger common stock. He used 26,567 shares to pay tax liability tied to restricted stock, rather than selling shares in the open market. This left him with 254,998 directly held Kroger shares.
Was Ronald Sargent’s Kroger (KR) transaction an open-market sale?
The transaction was not an open-market sale. It is classified as a tax-withholding disposition, meaning shares were delivered to cover tax liability for restricted stock. This type of event is compensation-related and does not reflect a discretionary market sale.
How is the Kroger (KR) insider transaction coded on the Form 4?
The transaction is coded “F” on the Form 4, indicating payment of tax liability by delivering securities. The filing further describes it as a tax-withholding disposition related to restricted stock, not a standard buy or sell of Kroger shares in the market.