Gary H. Pilnick - Dec 13, 2024 Form 4 Insider Report for WK Kellogg Co (KLG)

Role: Chief Executive Officer, Director
Signature: /s/ Gordon Paulson, Attorney-in-Fact
Stock symbol: KLG
Transactions as of: Dec 13, 2024
Transactions value $: $0
Form type: 4
Date filed: 12/17/2024, 07:18 PM
Previous filing: Sep 17, 2024

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	KLG	Dividend Equivalent Units	Award	$0	+4.97K	+20.78%	$0.00	28.9K	Dec 13, 2024	Common Stock	4.97K		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Represents dividend equivalent units (DEUs) accrued on restricted stock units (RSUs) previously granted to the Reporting Person under the WK Kellogg Co 2023 Long-Term Incentive Plan. The DEUs will vest on the same terms and conditions as the corresponding RSUs to which they relate. Each DEU represents the contingent right to receive one share of the Issuer's common stock.
F2	The number of DEUs previously reported as accrued on the RSUs previously granted to the Reporting Person was inadvertently overstated in the Form 4s filed by the Reporting Person on 3/19/2024, 6/18/2024 and 9/17/2024 (collectively, the Prior Filings). Accordingly, the total number of DEUs accrued to date on the RSUs has been reduced by an aggregate of 3,021.57 DEUs to correct the overstatements in the Prior Filings.

Content

Represents dividend equivalent units (DEUs) accrued on restricted stock units (RSUs) previously granted to the Reporting Person under the WK Kellogg Co 2023 Long-Term Incentive Plan. The DEUs will vest on the same terms and conditions as the corresponding RSUs to which they relate. Each DEU represents the contingent right to receive one share of the Issuer's common stock.

The number of DEUs previously reported as accrued on the RSUs previously granted to the Reporting Person was inadvertently overstated in the Form 4s filed by the Reporting Person on 3/19/2024, 6/18/2024 and 9/17/2024 (collectively, the Prior Filings). Accordingly, the total number of DEUs accrued to date on the RSUs has been reduced by an aggregate of 3,021.57 DEUs to correct the overstatements in the Prior Filings.