Kroger (KR) Director Ronald Sargent Receives Phantom Stock Award

What Happened Ronald Sargent, an Independent Director of The Kroger Co. (KR), was granted 461.923 shares of phantom stock on September 1, 2026. The grant is reported at a value of $57.94 per phantom share, totaling $26,764. This transaction is recorded as an award/acquisition of a derivative (phantom) interest rather than issuance of immediate common shares.

Key Details

• Transaction date: 2026-09-01; filing date: 2026-09-02 (timely filed).
• Grant: 461.923 phantom shares at $57.94 per share; total reported value $26,764.
• Shares owned after transaction: not specified in the filing.
• Footnotes of note:
  • F1: Each phantom share represents the right to receive one common share upon distribution from the deferred compensation account.
  • F2: These phantom shares were acquired via dividend reinvestment within Kroger’s deferred compensation plan.
  • F3: Phantom shares will be distributed following termination of Sargent’s services as an Independent Director.
• Transaction type: Reported as "A" (award/grant of a derivative instrument).

Context Phantom stock is a deferred compensation vehicle that tracks the value of company shares but does not transfer actual common stock until distribution conditions are met (here, upon termination of director service). Because no actual common shares were issued or sold, this award does not represent an immediate buy or sell signal; it increases Sargent’s deferred economic exposure to Kroger stock going forward.