KEMPER DAVID W 4

What Happened
David W. Kemper, a director of Post Holdings, Inc. (POST), was credited with 162.011 stock equivalents on 2026-02-27 valued at $106.30 each, for a total notional value of $17,222. The filing classifies this as an Award/Grant (derivative instrument) under the company’s deferred compensation plan for non‑management directors.

Key Details

• Transaction date: 2026-02-27; Price/value used: $106.30 per share equivalent.
• Amount: 162.011 stock equivalents; total value reported: $17,222 (derivative stock equivalents, not issued share certificates).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes:
  • F1 — Director retainers are deferred into Post Holdings stock equivalents and are credited promptly after the month earned; amounts are paid in cash on a one‑for‑one basis upon separation from the board.
  • F2 — These stock equivalents have no fixed exercisable or expiration dates.
• Filing timeliness: Reported on 2026-03-03 for a 2026-02-27 transaction (no late‑filing indication in the record).

Context
This was a routine compensation deferral for a non‑management director, not an open‑market purchase or sale of actual shares. The award represents a bookkeeping/compensation credit (derivative stock equivalents) that will be converted to cash upon the director’s separation per the plan terms. Such deferrals are common for director compensation and do not necessarily indicate a change in insider sentiment.