ERB THOMAS C 4

What Happened

• Thomas C. Erb, a director of Post Holdings, Inc. (POST), was credited with 104.523 stock equivalents on 2026-02-27. The filing values the award at $106.30 per share for a total value of $11,111. This was an award/acquisition under the company’s Deferred Compensation Plan for Non-Management Directors, not an open-market purchase.

Key Details

• Transaction date: 2026-02-27; Filing date: 2026-03-03 (filed after the two-business-day Form 4 window).
• Instrument: 104.523 stock equivalents (derivative/award) valued at $106.30 each; total $11,111.
• Shares owned after transaction: Not reported in the provided data.
• Footnotes: (1) Director retainers are deferred into stock equivalents under the Issuer’s Deferred Compensation Plan and are credited shortly after the month earned; distributions are made in cash upon board separation. (2) These stock equivalents have no fixed exercisable or expiration dates.

Context

• These stock equivalents are a form of deferred compensation (a routine non-market award) and do not represent an immediate open-market purchase or sale of common stock. They will be distributed in cash on a one-for-one basis when the director leaves the board, per the plan terms.