ERB THOMAS C 4

What Happened
Thomas C. Erb, a director of Post Holdings, reported an award/acquisition of 125.887 stock equivalents (transaction code A) on June 30, 2026. The units are valued at $88.26 each, for a total reported value of $11,111. This was a deferred compensation credit, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-30; reported on Form 4 filed 2026-07-02 (appears filed within the typical Form 4 window).
• Price/value: 125.887 stock equivalents × $88.26 = $11,111 reported.
• Shares owned after transaction: not disclosed on this filing.
• Footnotes: (F1) Retainers earned as a director are deferred into Post stock equivalents under the Issuer's Deferred Compensation Plan for Non-Management Directors and are paid in cash (one-for-one) upon separation from the board. (F2) The stock equivalents have no fixed exercisable or expiration dates.
• Transaction type: Derivative/award (stock equivalents), not a market trade — coded as an acquisition (A).

Context
These stock equivalents represent deferred director compensation credited to Erb and do not indicate a buy or sell decision in the public market. They will be converted to cash on a one-for-one basis when distributed after he leaves the board, so they do not convey immediate ownership of voting shares.