Spin-off - KELLOGG W K FOUNDATION TRUST
Form Type: SCHEDULE 13G/A
Filing Date: 2025-02-13
Corporate Action: Spin-off
Type: Update
Accession Number: 000095017025019937
Filing Summary: This document constitutes Amendment No. 1 to the Schedule 13G filed by the W.K. Kellogg Foundation Trust and W.K. Kellogg Foundation regarding shares of common stock of WK Kellogg Co. The Trust holds 13,505,159 shares, or 15.7% of the total outstanding shares, which were acquired in connection with the spin-off of WK Kellogg Co from Kellanova, where Kellanova distributed its WK Kellogg Co shares pro-rata to its stockholders. This amendment corrects an overreporting error from the original Schedule 13G filed on February 8, 2024, regarding the number of shares beneficially owned as of December 31, 2023, which remains the same as of December 31, 2024. The Trust operates under the management of trustees including Steven A. Cahillane and others, with the Kellanova Foundation having the power to direct the voting of the shares held in the Trust if the trustees cannot reach an agreement. The document is filed with the SEC by W.K. Kellogg Foundation Trust and W.K. Kellogg Foundation, reflecting current ownership details and voting authority over the shares.
Additional details:
Common Stock: WK Kellogg Co
Acquired Date: 2023-10-02
Beneficial Ownership: 13505159
Ownership Percentage: 15.7
Shares Outstanding: 86125244
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