ERB THOMAS C 4

What Happened

• Thomas C. Erb, a director of Post Holdings, received an award/acquisition of 120.98 stock equivalents on 2026-05-29, valued at $91.84 each for a total of $11,111. This was a deferred-compensation credit (derivative stock equivalents), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-05-29 at $91.84 per share equivalent; total value $11,111.
• Transaction type: Code A — grant/award or other acquisition (derivative stock equivalents under the Issuer's Deferred Compensation Plan for Non-Management Directors).
• Shares owned after transaction: Not disclosed on the Form 4.
• Filing: Form 4 filed 2026-06-02 (timely within the required reporting window).
• Footnotes: Director retainers are deferred into Post Holdings stock equivalents and credited soon after the month earned (F1). These stock equivalents have no fixed exercisable or expiration dates and are paid out in cash upon separation from the board (F2).

Context

• These are stock equivalents credited under a non-management director deferred compensation plan — effectively bookkeeping credits tied to stock value, not newly issued common shares that were transferred to the director. Such awards reflect routine compensation deferral and do not by themselves signal a buy or sell decision.