JOHNSON JENNIFER KUPERMAN 4

What Happened
Jennifer Kuperman Johnson, a director of Post Holdings, was credited with a grant/award of 104.523 stock-equivalent shares (derivative) on 2026-02-27. The filing lists a per-share valuation of $106.30, for a total value of approximately $11,111. This was not an open-market purchase or sale but a compensation-related award under the company’s deferred compensation arrangement for non-management directors.

Key Details

• Transaction date and type: 2026-02-27 — A (award/grant; derivative stock equivalents).
• Price/value: $106.30 per share; total value ≈ $11,111.
• Shares reported: 104.523 stock-equivalent shares credited.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes:
  • The award represents director retainer amounts deferred into Post Holdings stock equivalents under the Issuer’s Deferred Compensation Plan for Non-Management Directors (F1).
  • These stock equivalents have no fixed exercisable or expiration dates and are distributed in cash (one-for-one) upon separation from the board (F2, F1).
• Filing timeliness: Reported on 2026-03-03, which is timely relative to the 2026-02-27 transaction.

Context
This transaction is a routine director compensation deferral rather than an outright purchase or sale of stock. Stock-equivalent awards are commonly used to defer retainer pay and are typically converted to cash when the director leaves the board; they do not necessarily signal a change in the director’s view of the company’s shares.