Kroger (KR) EVP Mary Ellen Adcock Exercises Options, Sells Shares

What Happened
Mary Ellen Adcock, Executive Vice President of Kroger Co. (KR), exercised stock options and sold shares on September 18, 2026. She exercised 37,960 options at $34.94 (cost $1,326,322) and 10,846 options at $38.32 (cost $415,619), then sold those shares (and an additional 24,095 shares) in open-market transactions for total proceeds of $4,425,333. The exercise costs for the two option lots totaled $1,741,941, so the transactions produced approximately $2.68M in proceeds above the exercise price before taxes and fees.

Key Details

• Transaction date: 2026-09-18 (reported on Form 4 filed 2026-09-21; filing appears timely).
• Option exercises (code M, acquired): 37,960 shares @ $34.94 (cost $1,326,322) and 10,846 shares @ $38.32 (cost $415,619).
• Open-market sales (code S, disposed): 37,960 shares @ weighted avg $60.73 (proceeds $2,305,501; trades ranged $60.690–$60.755 — see F1), 10,846 shares @ weighted avg $60.64 (proceeds $657,723; trades ranged $60.630–$60.690 — see F2), and 24,095 shares @ weighted avg $60.68 (proceeds $1,462,109; trades ranged $60.660–$60.690 — see F3).
• Total sale proceeds: $4,425,333. Total reported exercise cost: $1,741,941. Approximate net proceeds before tax/fees: $2,683,392.
• Shares owned after transaction: Not reported in the excerpts provided.
• Footnotes: Sales reported as weighted-average prices with ranges (F1–F3). Options were granted under Kroger’s long-term incentive plan and vested 25% per year over four years (F4).

Context

• This is a common pattern: options vested and were exercised, and the resulting shares (and some additional shares) were sold — effectively a cashless exercise and sale. Entries showing derivative "Disposed" at $0 reflect the conversion/exercise of the option awards into shares.
• These transactions are factual disclosures of insider activity; they do not by themselves indicate the insider’s future view of the company.