GEF Form 4: Director Reports 1,745.762 Cash-Settled Phantom Units
Rhea-AI Filing Summary
Greif, Inc. director Rose B. Andrew reported acquisition of 1,745.762 phantom stock units on 10/01/2025. Each phantom unit is the economic equivalent of one share of Class A Common Stock and the units are to be settled in cash either on a future fixed date chosen by the reporting person or upon the reporting persons termination from the Board due to retirement, death, disability or other reason. The transaction record shows a transaction price of $16.21 and the Form 4 was filed under power of attorney on 10/02/2025. The filing identifies the reporting person as a Director of Greif and reports the beneficial ownership level after the reported transaction as 1,745.762 units.
Positive
- Director purchase: 1,745.762 phantom units acquired on 10/01/2025, showing director-level participation
- Cash-settled structure: units are economic equivalents of Class A Common Stock, avoiding immediate dilution
Negative
- None.
Insights
Director acquired 1,745.762 phantom units; settlement is cash-based.
The reporting person, Rose B. Andrew, recorded an acquisition of 1,745.762 phantom stock units on 10/01/2025, which are economically equivalent to one share of Class A Common Stock each.
The units are cash-settled upon the earlier of a future fixed date chosen by the reporting person or the reporting person's termination from the Board, per the filing. This means the award affects cash obligations rather than new share issuance.
Monitor the chosen settlement date or any Board departure for timing of cash payout.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | (Phantom Stock Units (Cash Only Rights) | 16.21 | $59.76 | $968.71 |
Footnotes (1)
- Each phantom stock unit is the economic equivalent of one share of Class A Common Stock of Greif, Inc. The phantom stock units are to be settled in cash upon the earlier of (i) a future fixed date designated by the Reporting Person made at the time of the deferral election, or (ii) the Reporting Person's termination from the Board due to his retirement, death, disability or other reason.