Nichols Brian W 4
Research Summary
AI-generated summary
Kroger (KR) Group VP Brian Nichols Sells Shares to Cover Taxes
What Happened
Brian W. Nichols, Group Vice President & Controller of Kroger Co. (KR), disposed of a total of 361 shares to satisfy tax withholding tied to restricted stock. The filings show 213 shares were disposed at $73.37 on 2026-03-09 (≈ $15,628) and 148 shares were disposed at $72.24 on 2026-03-10 (≈ $10,692), for a combined value of roughly $26,320. These transactions are tax-withholding dispositions (routine) rather than open-market investment sales.
Key Details
- Dates and prices:
- 2026-03-09: 213 shares at $73.37 — $15,628 (approx.)
- 2026-03-10: 148 shares at $72.24 — $10,692 (approx.)
- Total shares disposed: 361; total proceeds ≈ $26,320.
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: F1 — Payment of tax liability associated with restricted stock (shares used to satisfy tax withholding).
- Filing: Report filed 2026-03-11 reporting transactions on 2026-03-09 and 2026-03-10; no late filing indicated in the report.
Context
- These were tax-withholding share dispositions (code F), a common administrative action when restricted stock vests; they do not necessarily indicate insider sentiment about the company.
- This is not an open-market sale initiated for investment reasons nor an option exercise for new shares — it reflects withholding to cover tax obligations associated with restricted awards.