COSSET YAEL 4
4 · KROGER CO · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Kroger (KR) EVP Yael Cosset Receives Awards, Sells Shares for Taxes
What Happened
Yael Cosset, Executive Vice President of Kroger Co. (KR), received stock awards and a derivative award on March 12, 2026, totaling 87,663 shares (14,549 + 22,412 + 50,702). To satisfy tax liabilities associated with the awards, Cosset had 13,082 shares withheld (disposed): 6,388 shares at $74.96 (≈ $478,844) and 6,694 shares at $75.60 (≈ $506,066), totaling about $984,910. The awards were reported as grants/awards (code A) and the share surrenders for taxes as code F (payment of tax liability).
Key Details
- Transaction dates: grants on 2026-03-12; tax-withholding share disposals recorded 2026-03-12 and 2026-03-13.
- Prices for withheld shares: $74.96 (6,388 shares, ~$478,844) and $75.60 (6,694 shares, ~$506,066). Total tax withholding ≈ $984,910.
- Total shares awarded/derivative granted: 87,663 (14,549 + 22,412 + 50,702). All awards show $0 acquisition price (standard for grants).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Footnotes: awards were made under Kroger’s long-term incentive plan; some awards are restricted stock that vest 33% per year over three years (F3); the derivative award relates to options/vested instruments with a similar three‑year vesting schedule (F5). F2 and F4 indicate the share disposals were to pay tax liabilities (withholding).
- Filing timeliness: reported on Form 4 filed 2026-03-16 for transactions on 2026-03-12/13 — within the standard two-business-day reporting window (timely).
Context
The disposals were tax withholdings (code F), not open-market sales; this is a routine way companies satisfy tax obligations when awarding shares and does not necessarily indicate a change in the insider’s view of the company. The larger derivative/award grants generally vest over time (per footnotes), so these are long-term compensation awards rather than immediate purchases or market-driven trades.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-12+14,549→ 148,538 total - Tax Payment
Common Stock
[F2]2026-03-12$74.96/sh−6,388$478,844→ 142,150 total - Award
Common Stock
[F3]2026-03-12+22,412→ 164,562 total - Tax Payment
Common Stock
[F4]2026-03-13$75.60/sh−6,694$506,066→ 157,868 total - Award
Non-Qualified Stock Option
[F5]2026-03-12+50,702→ 50,702 totalExercise: $74.96Exp: 2036-03-12→ Common Stock (50,702 underlying)
Footnotes (5)
- [F1]Shares awarded pursuant to a long-term incentive plan of The Kroger Co.
- [F2]Payment of tax liability associated with share award.
- [F3]Restricted stock awarded pursuant to a long-term incentive plan of The Kroger Co. The restrictions on these shares lapse in equal annual installments over a three-year period, at the rate of 33% per year commencing one year from the date of the award.
- [F4]Payment of tax liability associated with restricted stock.
- [F5]These options were granted under a long-term incentive plan of The Kroger Co. and vest in equal annual installments over a three-year period at the rate of 33% per year commencing one year after the date of the grant.