Kroger (KR) Director Anne Gates Receives Phantom Stock Award

What Happened

• Anne Gates, an Independent Director of The Kroger Co., was granted 188.308 phantom shares under Kroger’s deferred compensation plan on 2026-09-01. The grant is reported at a per-share price of $57.94, with a total reported value of approximately $10,911. This was an award/grant (derivative) rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-09-01 at $57.94 per phantom share (total ≈ $10,911).
• Transaction type: A (award/grant of phantom stock — a deferred compensation derivative).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1–F3 indicate (1) each phantom share represents the right to receive one common share upon distribution from the deferred compensation account; (2) these phantom shares were acquired via dividend reinvestment under the deferred compensation plan; (3) distributions occur following termination of the reporting person’s service as an Independent Director.
• Filing timeliness: Report filed 2026-09-02 for a 2026-09-01 transaction — appears timely.

Context

• Phantom stock is a form of deferred compensation that gives the holder a right to receive the value of shares later; it does not represent immediate common-share ownership or an open-market bet on the stock. Grants to independent directors are commonly used for compensation and do not necessarily indicate a change in insider sentiment.