G. Zachary Gund - 26 Sep 2025 Form 4 Insider Report for WK Kellogg Co (KLG)

Reporting relationship: Director
Issuer ticker: KLG
Reported as of: 26 Sep 2025
Net transaction value: -$15,270,137
SEC form: 4
Accepted by SEC: 30 Sep 2025, 20:56:35 UTC
Prior SEC filing: 16 Sep 2025
Next SEC filing: 14 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/Gordon Paulson, Attorney-in-Fact

Key filing fact

G. Zachary Gund filed Form 4 for WK Kellogg Co (KLG) on 30 Sep 2025.

Key facts

This page summarizes G. Zachary Gund's Form 4 filing for WK Kellogg Co (KLG).
7 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 30 Sep 2025, 20:56.

Change

Previous filing in this sequence was filed on 16 Sep 2025.
Current net transaction value: -$15,270,137.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001291206 Primary reporting owner

Gund G Zachary

Relationship: Director
Address: ONE KELLOGG SQUARE, BATTLE CREEK
Signature: /s/Gordon Paulson, Attorney-in-Fact
Signature date: 30 Sep 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KLG transaction

Common Stock

Disposed to Issuer

Transaction value: $812,130
Shares: -35,310
Change %: -100%
Price: $23.00
Shares after: 0
Date: 26 Sep 2025
Ownership: Direct
Footnotes: F1

KLG transaction

Common Stock

Disposed to Issuer

Transaction value: $5,750,000
Shares: -250,000
Change %: -100%
Price: $23.00
Shares after: 0
Date: 26 Sep 2025
Ownership: See footnote
Footnotes: F1, F2

KLG transaction

Common Stock

Disposed to Issuer

Transaction value: $8,101,750
Shares: -352,250
Change %: -100%
Price: $23.00
Shares after: 0
Date: 26 Sep 2025
Ownership: See footnote
Footnotes: F1, F3

KLG transaction

Common Stock

Disposed to Issuer

Transaction value: $197,202
Shares: -8,574
Change %: -100%
Price: $23.00
Shares after: 0
Date: 26 Sep 2025
Ownership: See footnote
Footnotes: F1, F4

KLG transaction

Common Stock

Disposed to Issuer

Transaction value: $52,900
Shares: -2,300
Change %: -100%
Price: $23.00
Shares after: 0
Date: 26 Sep 2025
Ownership: See footnote
Footnotes: F1, F5

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

KLG transaction Derivative

Deferred Stock Units

Disposed to Issuer

Transaction value: $327,635
Shares: -14,245
Change %: -100%
Price: $23.00
Shares after: 0
Date: 26 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 14,245
Exercise price
Footnotes: F6

KLG transaction Derivative

Phantom Stock

Disposed to Issuer

Transaction value: $28,520
Shares: -1,240
Change %: -100%
Price: $23.00
Shares after: 0
Date: 26 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,240
Exercise price
Footnotes: F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

G. Zachary Gund is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 6 footnotes

Footnote F1

Pursuant to the Agreement and Plan of Merger, dated as of July 10, 2025 (the "Merger Agreement"), by and among the Issuer, Ferrero International S.A. ("Parent"), and Frosty Merger Sub, Inc. ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving as a wholly owned indirect subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), upon the terms and subject to the conditions set forth in the Merger Agreement, each share of common stock, par value $0.0001 per share ("Common Stock"), of the Issuer that was issued and outstanding as of immediately prior to the Effective Time was automatically cancelled, extinguished and converted into the right to receive $23.00 per share in cash, without interest thereon (the "Per Share Price").

Footnote F2

These shares were held in a trust for the benefit of certain immediate members of the family of the Reporting Person.

Footnote F3

These shares were 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.

Footnote F4

These shares were 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 of such trust.

Footnote F5

These shares were held by a limited liability company that is owned by a trust for the benefit of certain members of the family of the Reporting Person. A family member of the Reporting Person is the trustee of the trust, and the Reporting Person is the manager of the limited liability company.

Footnote F6

Upon the terms and subject to the conditions set forth in the Merger Agreement, at the Effective Time, each deferred share of Common Stock (each, a "DSU"), including all dividend equivalents accrued or credited with respect to such DSU, that was outstanding and unvested as of immediately prior to the Effective Time was automatically cancelled and converted into the right of the Reporting Person to receive, at the time specified under their applicable terms and in accordance with Section 409A of the Internal Revenue Code of 1986, as amended, an amount in cash (without interest and subject to applicable withholding taxes) equal to (a) the Per Share Price multiplied by (b) the total number of shares of Common Stock underlying such DSU.