Atkinson Michelle Marie 4

What Happened
Michelle Marie Atkinson, a director of Post Holdings, received 120.98 stock-equivalent shares (derivative securities) on 2026-05-29 at an attributed value of $91.84 per share, totaling $11,111. The filing reports this as an award/acquisition (code A) tied to the issuer's deferred compensation plan for non-management directors.

Key Details

• Transaction date and price: 2026-05-29; 120.98 shares @ $91.84 per share = $11,111 (rounded).
• Transaction type: A (award/acquisition) of derivative securities (stock equivalents).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes from filing:
  • F1: Retainers earned as a director are deferred into Post stock equivalents; credited shortly after the month earned and paid in cash (one-for-one) upon separation from the board.
  • F2: The stock equivalents have no fixed exercisable or expiration dates.
• Filing timeliness: Reported on 2026-06-02 for a 2026-05-29 transaction (filed within the required two business days).

Context
This was not an open-market purchase or sale but an award of deferred-compensation stock equivalents, which are accounted for as derivative securities and ultimately paid in cash when the director leaves the board. Such deferred-compensation credits are routine director compensation and do not necessarily indicate a change in sentiment about the company.