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WK Kellogg Co (KLG) has disclosed a new risk, in the Corporate Activity and Growth category.
WK Kellogg Co’s recent fiscal quarter disclosures indicate a lack of any new insider trading arrangements among its directors or officers. This detail, outlined under Section 16 of the Exchange Act, suggests that no new contracts, instructions, or written plans were established or terminated to facilitate the purchase or sale of company securities under Rule 10b5-1(c). Additionally, there were no changes in “non-Rule 10b5-1 trading arrangements,” as per Item 408(c) of Regulation S-K. Such inactivity may raise concerns about the transparency and dynamics of insider transactions within the company, potentially signaling a business risk that investors and regulators may scrutinize.
Overall, Wall Street has a Moderate Sell consensus rating on KLG stock based on 2 Sells and 4 Holds.
To learn more about WK Kellogg Co’s risk factors, click here.