G. Zachary Gund - Nov 14, 2024 Form 4 Insider Report for KELLANOVA (K)

Role: Director
Signature: /s/ Todd W. Haigh, Attorney-in-fact
Stock symbol: K
Transactions as of: Nov 14, 2024
Transactions value $: $26,250
Form type: 4
Date filed: 11/14/2024, 04:17 PM
Previous filing: Nov 14, 2024
Next filing: Nov 19, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	K	Common						9.2K	Nov 14, 2024	See footnote**	F1
holding	K	Common						28.8K	Nov 14, 2024	Held in Trust	F2
holding	K	Common						34.3K	Nov 14, 2024	See footnote*	F3
holding	K	Common						1.41M	Nov 14, 2024	See footnote***	F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	K	Phantom Stock Units	Award	$26.2K	+326	+1.58%	$80.61	20.9K	Nov 14, 2024	Common	326		Direct	F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	**These shares are held in a trust for the benefit of certain members of the reporting person's family. A family member of the reporting person is the trustee. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, and the filing of this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F2	Excludes dividends reinvested after January 1, 2024.
F3	*These shares are held in a trust for the benefit of the reporting person and certain members of his family. The reporting person is one of several trustees and, in such capacity, may have voting and dispositive power over all such shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, and the filing of this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F4	***These shares are held in family partnerships, the partners of which include a trust for the benefit of the reporting person. The reporting person serves as a manager of these partnerships and, in such capacity, may have voting and dispositive power over all such shares. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, and the filing of this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F5	According to the terms of the Kellanova Deferred Compensation Plan for Non-Employee Directors, final value of phantom stock units is to be determined as of date of reporting person's retirement and paid in stock.