Kroger director granted 88 phantom stock units
Chao Elaine L. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Chao Elaine L. reported acquisition or exercise transactions in this Form 4 filing.
Kroger Co. independent director Elaine L. Chao reported updated equity holdings. She received 88.021 phantom stock incentive shares, valued at $61.52 per unit, through dividend reinvestment under a deferred compensation plan. Each phantom share represents the right to receive one common share upon distribution.
Following these transactions, she holds 4,083.512 shares of common stock directly and 15,559.668 phantom stock units in her deferred compensation account, which will be distributed after her service as an independent director ends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock - Incentive Shares | 88.021 | $61.52 | $5K |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each phantom share represents the right to receive one common share upon distribution from the deferred compensation account.
- F2. Represents phantom stock acquired in dividend reinvestment transactions under a deferred compensation plan of The Kroger Co.
- F3. 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
Key Terms
deferred compensation account financial
dividend reinvestment transactions financial
deferred compensation plan financial
FAQ
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What insider activity did Kroger (KR) report for Elaine L. Chao?
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AI-generated analysis. How Rhea-AI works. Not financial advice.