Shaffer Megan N. 4
Research Summary
AI-generated summary
Kroger Group VP Megan Shaffer Sells Shares for Tax Withholding
What Happened
- Megan N. Shaffer, Group Vice President at Kroger Co. (KR), had a total of 558 shares disposed to satisfy tax withholding on restricted stock. On 2026-03-09, 370 shares were withheld at $73.37 each for $27,147. On 2026-03-10, 188 shares were withheld at $72.24 each for $13,581. Combined proceeds ≈ $40,728.
- This transaction is a tax-withholding disposition (routine administrative sale), not an open-market sale intended as a directional bet.
Key Details
- Transaction dates and prices:
- 2026-03-09: 370 shares @ $73.37 — $27,147
- 2026-03-10: 188 shares @ $72.24 — $13,581
- Total shares disposed: 558; total value ≈ $40,728.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — Payment of tax liability associated with restricted stock (tax withholding).
- Filing: Form 4 filed 2026-03-11 (appears timely given the trade dates).
Context
- These were tax-withholding share dispositions tied to restricted stock vesting (code F), a common administrative step where a company retains/sells a portion of shares to cover tax obligations. Such transactions typically do not signal an executive’s view on the company’s near-term prospects.