# EDGAR Filing Document

**Accession Number:** 0001976425
**File Stem:** 0001193125-25-316424
**Filing Date:** 2025-12
**Character Count:** 11300
**Document Hash:** c4ff2062b93d847d519afeb2acfd0af7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-316424.hdr.sgml**: 20251211

**ACCESSION NUMBER**: 0001193125-25-316424

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251209

**FILED AS OF DATE**: 20251211

**DATE AS OF CHANGE**: 20251211

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Bahner Kris
- **CENTRAL INDEX KEY:** 0001976425

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-04171
- **FILM NUMBER:** 251566126

**MAIL ADDRESS:**
- **STREET 1:** ONE KELLOGG SQUARE
- **CITY:** BATTLE CREEK
- **STATE:** MI
- **ZIP:** 49017
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KELLANOVA
- **CENTRAL INDEX KEY:** 0000055067
- **STANDARD INDUSTRIAL CLASSIFICATION:** GRAIN MILL PRODUCTS [2040]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 380710690
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1228

**BUSINESS ADDRESS:**
- **STREET 1:** 412 N WELLS ST
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60654
- **BUSINESS PHONE:** 2699612000

**MAIL ADDRESS:**
- **STREET 1:** 412 N WELLS ST
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60654

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KELLOGG CO
- **DATE OF NAME CHANGE:** 19920703

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[x] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Bahner Kris<br><sub>(Last) (First) (Middle)</sub><br>412 N. WELLS ST.<br><sub>(Street)</sub><br>CHICAGO, IL 60654<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-09 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_SVP-Chief Global Corp Affairs_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>KELLANOVA [ K ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common | 2025-12-09 |  | G<sup>(1)</sup> |  | 9000 | D | $0 | 36807.3652 | D |  |
| Common | 2025-12-11 |  | D<sup>(2)</sup> |  | 36807.3652 | D | $83.50 | 0 | D |  |
| Common | 2025-12-11 |  | D<sup>(2)</sup> |  | 2124 | D | $83.50 | 0 | I | Held Jointly with Son |
| Common | 2025-12-11 |  | D<sup>(2)</sup> |  | 159.589<sup>(3)</sup> | D | $83.50 | 0 | I | By 401(k) Profit Sharing Plan |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(4)</sup> | 2025-12-11 |  | D<sup>(4)</sup> |  |  | 3004.531 | 2026-02-17 | 2026-02-17 | Common | 3004.531 | $83.50 | 0 | D |  |
| Restricted Stock Units | <sup>(4)</sup> | 2025-12-11 |  | D<sup>(4)</sup> |  |  | 3435.507 | 2027-02-16 | 2027-02-16 | Common | 3435.507 | $83.50 | 0 | D |  |
| Restricted Stock Units | <sup>(5)</sup> | 2025-12-11 |  | D<sup>(5)</sup> |  |  | 8907.983 | 2028-02-21 | 2028-02-21 | Common | 8907.983 | $83.50 | 0 | D |  |
| Performance-based Restricted Stock Units | <sup>(6)</sup> | 2025-12-11 |  | A<sup>(6)</sup> |  | 18157 |  | <sup>(6)</sup> | <sup>(6)</sup> | Common | 18157 | $0 | 18157 | D |  |
| Performance-based Restricted Stock Units | <sup>(6)</sup> | 2025-12-11 |  | D<sup>(6)</sup> |  |  | 18157 | <sup>(6)</sup> | <sup>(6)</sup> | Common | 18157 | $83.50 | 0 | D |  |
| Stock Option | $66.80 | 2025-12-11 |  | D<sup>(7)</sup> |  |  | 12662 | <sup>(7)</sup> | 2026-02-19 | Common | 12662 | $16.7 | 0 | D |  |
| Stock Option | $64.48 | 2025-12-11 |  | D<sup>(7)</sup> |  |  | 12775 | <sup>(7)</sup> | 2027-02-17 | Common | 12775 | $19.02 | 0 | D |  |
| Stock Option | $61.62 | 2025-12-11 |  | D<sup>(7)</sup> |  |  | 15263 | <sup>(7)</sup> | 2028-02-16 | Common | 15263 | $21.88 | 0 | D |  |
| Stock Option | $50.18 | 2025-12-11 |  | D<sup>(7)</sup> |  |  | 19288 | <sup>(7)</sup> | 2029-02-22 | Common | 19288 | $33.32 | 0 | D |  |
| Stock Option | $57.96 | 2025-12-11 |  | D<sup>(7)</sup> |  |  | 11396 | <sup>(7)</sup> | 2030-02-21 | Common | 11396 | $25.54 | 0 | D |  |
| Stock Option | $51.23 | 2025-12-11 |  | D<sup>(7)</sup> |  |  | 14098 | <sup>(7)</sup> | 2031-02-19 | Common | 14098 | $32.27 | 0 | D |  |

---

### Footnotes:

(1) Reflects the gift of shares of the Issuer's common stock, par value $0.25 per share ("Common Stock"), by the Reporting Person to a charitable donor-advised fund.

(2) Pursuant to the Agreement and Plan of Merger, dated as of August 13, 2024, by and among the Issuer, Acquiror 10VB8, LLC ("Acquiror"), Merger Sub 10VB8, LLC ("Merger Sub"), and solely for the limited purposes set forth therein, Mars, Incorporated, Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of Acquiror (the "Merger"). 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 the Common Stock that was issued and outstanding immediately prior to the Effective Time was automatically cancelled and converted into the right to receive $83.50 per share in cash, without interest and subject to any applicable withholding taxes (the "Merger Consideration").

(3) Represents shares of Common Stock indirectly held by the Reporting Person's account in the Kellanova Savings and Investment Plan immediately prior to the Effective Time.

(4) Upon the terms and subject to the conditions set forth in the Merger Agreement, at the Effective Time, these restricted stock units ("RSUs") were cancelled and converted into the right to receive an amount in cash, without interest, equal to the sum of the product of the number of shares of Common Stock issuable pursuant to such RSUs and the per share Merger Consideration, plus all dividend equivalents accrued or credited with respect to such RSUs.

(5) Upon the terms and subject to the conditions set forth in the Merger Agreement, at the Effective Time, these RSUs were cancelled and converted into the contractual right of the Reporting Person to receive a payment in an amount of cash (without interest and subject to applicable tax withholdings) equal to the sum of the per share Merger Consideration multiplied by the total number of shares of Common Stock issuable pursuant to such RSUs as of immediately prior to the Effective Time plus all dividend equivalents accrued or credited with respect to such RSUs (each, a "Converted RSU Cash Award"). Each Converted RSU Cash Retention Award will generally be subject to the same terms and conditions as applied to such RSUs immediately prior to the Effective Time and will become payable in accordance with the original vesting schedule applicable to the corresponding RSUs or, if earlier, upon a qualifying termination of employment.

(6) Upon the terms and subject to the conditions set forth in the Merger Agreement, at the Effective Time, each performance-based restricted stock unit ("PSU") outstanding immediately prior to the Effective Time was deemed fully vested, based on the greater of target or actual level of performance, and was cancelled and converted into the right of the Reporting Person to receive an amount, in cash, without interest, equal to the sum of the product of such number of shares of Common Stock issuable pursuant to the PSU (based on the level of vesting described above) and the per share Merger Consideration, plus all dividend equivalents accrued or credited with respect to such PSU, subject to tax withholding.

(7) Upon the terms and subject to the conditions set forth in the Merger Agreement, at the Effective Time, each option to purchase a share of Common Stock (an "Option") that was outstanding and unexercised as of immediately prior to the Effective Time was converted into the right of the Reporting Person to receive an amount, in cash, without interest, equal to the product of the total number of shares subject to such Option and the excess, if any, of the per share Merger Consideration over the exercise price per share of Common Stock underlying the Option.

**Signature:** /s/ Todd W. Haigh, Attorney-in-fact  
**Date:** 2025-12-11

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**