Item 1. | |
(a) | Name of issuer:
Kellanova |
(b) | Address of issuer's principal executive
offices:
412 N. Wells Street Chicago, Illinois 60654 |
Item 2. | |
(a) | Name of person filing:
W.K. Kellogg Foundation Trust
W.K. Kellogg Foundation
This Schedule 13G is being filed as Amendment No. 48 to the Schedule 13G dated April 23, 1979 filed on behalf of Harris Trust and Savings Bank, Lyle C. Roll, Russell G. Mawby and William V. Bailey as trustees of the W.K. Kellogg Foundation Trust (the "Trust") with respect to shares of common stock, $.25 par value per share (the "Shares"), of Kellanova.
This Amendment No. 48 is being filed by the Trust on behalf of itself and W.K. Kellogg Foundation (the "Foundation"), as sole beneficiary of the Trust. Steven A. Cahillane, La June Montgomery Tabron and Richard M. Tsoumas are the three individual trustees of the Trust as of December 31, 2024 .
A separate Schedule 13G is being filed by The Northern Trust Corporation, as parent holding company for The Northern Trust Company, the sole corporate trustee of the Trust.
Under the agreement governing the Trust, if a majority of the trustees of the Trust (which majority must include the corporate trustee) cannot agree on how to vote the Shares, the Foundation has the power to direct the voting of such stock. In addition, the Foundation has the power to approve successor trustees and to remove trustees of the Trust, subject to certain limitations. As such, the Foundation may be deemed to beneficially own the Shares held in the Trust for purposes of Section 13(d) of the Act. |
(b) | Address or principal business office or, if
none, residence:
Person Filing: W.K. Kellogg Foundation Trust:
Address
One Michigan Avenue East
Battle Creek, MI 49017-4058
Person Filing: W.K. Kellogg Foundation:
Address
One Michigan Avenue East
Battle Creek, MI 49017-4058 |
(c) | Citizenship:
W.K. Kellogg Foundation Trust: -A Michigan Trust
W.K. Kellogg Foundation: -A Michigan Nonprofit Corporation
|
(d) | Title of class of securities:
Common Stock, $0.25 par value per share |
(e) | CUSIP No.:
487836108 |
Item 3. | If this statement is filed pursuant to §§
240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
(a) | Broker
or dealer registered under section 15 of the Act (15 U.S.C. 78o); |
(b) | Bank
as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); |
(c) | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); |
(d) | Investment
company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); |
(e) | An
investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); |
(f) | An
employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); |
(g) | A
parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); |
(h) | A
savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.
1813); |
(i) | A
church plan that is excluded from the definition of an investment company under section 3(c)(14)
of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
(j) | A
non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S.
institution in accordance with § 240.13d-1(b)(1)(ii)(J), please
specify the type of institution: |
(k) | Group,
in accordance with Rule 240.13d-1(b)(1)(ii)(K). |
| |
Item 4. | Ownership |
(a) | Amount beneficially owned:
As of December 31, 2024, the Trust and the Foundation beneficially own 48,764,110 Shares, or 14.1% of the Shares based on 344,697,894 Shares outstanding as of September 28, 2024 as reported in the Quarterly Report on Form 10-Q filed by Kellanova with the Securities and Exchange Commission on October 31, 2024. |
(b) | Percent of class:
See each cover page hereof. % |
(c) | Number of shares as to which the person has:
|
| (i) Sole power to vote or to direct the vote:
See each cover page hereof.
|
| (ii) Shared power to vote or to direct the
vote:
See each cover page hereof.
|
| (iii) Sole power to dispose or to direct the
disposition of:
See each cover page hereof.
|
| (iv) Shared power to dispose or to direct the
disposition of:
See each cover page hereof.
|
Item 6. | Ownership of more than 5 Percent on Behalf of
Another Person. |
|
Not Applicable
|
Item 7. | Identification and Classification of the
Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or
Control Person. |
|
Not Applicable
|
Item 8. | Identification and Classification of Members
of the Group. |
|
Not Applicable
|
Item 9. | Notice of Dissolution of Group. |
|
Not Applicable
|