SARGENT RONALD 4

What Happened

• Ronald Sargent, Chairman of the Board of The Kroger Co. (KR), was granted 388.213 shares of phantom stock as an award (derivative acquisition) on 2026-06-01. The filing lists a per-share value of $61.52, for a total notional value of approximately $23,883. This is a deferred-compensation award (not an open-market purchase).

Key Details

• Transaction date and type: 2026-06-01 — Award/Grant (derivative phantom stock, code A).
• Price/value: $61.52 per phantom share; total notional value ≈ $23,883.
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: Report filed 2026-06-02 (timely; Form 4 due within 2 business days).
• Footnotes summary:
  • F1: Each phantom share equals the right to receive one common share upon distribution.
  • F2: Phantom shares were acquired via dividend reinvestment under Kroger’s deferred-compensation plan.
  • F3: Phantom shares will be distributed after the reporting person’s service as an Independent Director ends.

Context

• This was a compensation award of phantom (deferred) stock rather than an outright market purchase or sale. Phantom shares represent a future payout right and are typically part of director compensation, so they should be viewed as routine compensation rather than a direct personal investment decision.