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Issuer (NYSE: GEF) insider plans Rule 144 sale of 2,800 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliate of the issuer filed a Rule 144 notice to sell 2,800 Class A shares through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $211,631.48.

The shares were originally acquired on 01/16/2024 via restricted stock vesting as compensation from the issuer. Shares outstanding were 24,751,957; this is a baseline figure, not the amount being sold.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many shares are being sold in this GEF Rule 144 filing?

The filing covers a proposed sale of 2,800 Class A shares. These shares have an stated aggregate market value of $211,631.48, and will be sold through Fidelity Brokerage Services LLC on the NYSE under Rule 144.

How were the GEF shares in this Rule 144 notice originally acquired?

The 2,800 Class A shares were acquired on 01/16/2024 through restricted stock vesting. The issuer granted these shares as compensation, meaning they were not bought in the open market but awarded to the holder by the company.

What is the aggregate market value of the GEF shares to be sold?

The proposed Rule 144 sale involves shares with an aggregate market value of $211,631.48. This figure reflects the market value of the 2,800 Class A shares indicated in the filing at the time the notice was prepared.

How many GEF shares are outstanding compared with this Rule 144 sale?

The filing states that 24,751,957 shares of the issuer’s Class A stock are outstanding. The planned Rule 144 sale covers 2,800 shares, a small fraction of this baseline outstanding share count disclosed in the notice.

Which broker and exchange are used for this GEF Rule 144 transaction?

The proposed Rule 144 sale will be executed through Fidelity Brokerage Services LLC. The filing specifies that the 2,800 Class A shares are expected to be sold on the NYSE, providing a public market venue for the transaction.
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