Kroger (NYSE: KR) CEO receives new stock option and share grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kroger Co.’s Chief Executive Officer Gregory S. Foran received new equity awards. He was granted non-qualified stock options covering 108,647 shares of common stock at an exercise price of $74.96 per share, expiring on March 12, 2036.
Foran also received 48,026 shares of restricted common stock. According to the long-term incentive plan terms, both the restricted shares and the options vest in equal annual installments of 33% over three years, beginning one year after the grant date. These are compensation-related awards rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Foran Gregory S
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option | 108,647 | $0.00 | -- |
| Grant/Award | Common Stock | 48,026 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Option — 108,647 shares (Direct);
Common Stock — 48,026 shares (Direct)
Footnotes (1)
- Restricted stock awarded pursuant to a long-term incentive plan of The Kroger Co. The restrictions on these shares lapse in equal annual installments over a three-year period, at the rate of 33% per year commencing one year from the date of the award. These options were granted under a long-term incentive plan of The Kroger Co. and vest in equal annual installments over a three-year period at the rate of 33% per year commencing one year after the date of the grant.
FAQ
What equity awards did Kroger (KR) CEO Gregory Foran receive in this Form 4?
Kroger CEO Gregory Foran received two equity awards: non-qualified stock options on 108,647 shares at an exercise price of $74.96, and a grant of 48,026 restricted common shares. Both awards are part of a long-term incentive plan, not open-market transactions.
How do Gregory Foran’s new Kroger stock options vest?
The non-qualified stock options granted to Gregory Foran vest in three equal annual installments of 33% each. Vesting begins one year after the grant date and continues over a three-year period, aligning his compensation with longer-term company performance and retention incentives.
Were Gregory Foran’s Form 4 transactions open-market buys or sales of Kroger stock?
The reported Form 4 transactions are compensation-related grants, not open-market trades. Both the stock options and restricted shares were awarded under Kroger’s long-term incentive plan, with no cash price paid and no shares bought or sold in the market on the transaction date.
What is the exercise price and expiration date of Gregory Foran’s new Kroger options?
Gregory Foran’s non-qualified stock options have an exercise price of $74.96 per share and expire on March 12, 2036. He may choose to exercise them after they vest, subject to the long-term incentive plan’s rules and any remaining service conditions.