Greif (GEF) insider sale: 2,000 shares at $66.50 — Form 4
Greif, Inc. Form 4: Timothy Bergwall, SVP and Chief Commercial Officer, reported a sale of 2,000 shares of Class A common stock at $66.5013 per share, leaving 68,677.55 shares held directly.
Rhea-AI Filing Summary
Greif, Inc. Form 4: Timothy Bergwall, SVP and Chief Commercial Officer, reported a sale of 2,000 shares of Class A common stock at $66.5013 per share, leaving 68,677.55 shares held directly. He also holds 1,324.82 shares indirectly through a 401(k) plan. The report was submitted by an agent under a power of attorney.
Positive
- None.
Negative
- None.
Insights
TL;DR: Officer sale of 2,000 Class A shares at $66.5013; reported holdings remain sizable and the transaction appears routine.
The filing shows an immediate, non-derivative sale of 2,000 Class A shares at $66.5013 per share, with direct ownership reported at 68,677.55 shares after the sale and 1,324.82 shares held indirectly via a 401(k) plan. No options, warrants or other derivative transactions are reported. Given the straight sale and retained direct holdings, this entry is informational and does not by itself indicate a material change to company capitalization.
TL;DR: Routine insider disposition executed via power of attorney; no derivative activity or plan-based execution is indicated.
The Form 4 records a direct sale by an officer executed by an authorized agent (L. Dennis Hoffman, Jr.) pursuant to a power of attorney. The document lists only a non-derivative sale and confirms an indirect holding through a 401(k) plan. This disclosure meets Section 16 reporting requirements and provides transparency on the officer's reported holdings and recent sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,000 | $66.5013 | $133K |
| holding | Class A Common Stock | -- | -- | -- |
FAQ
What transaction did Timothy Bergwall report in the Form 4 for GEF?
Was the transaction executed by the reporting person or an agent?
Did the Form 4 report any derivative or option transactions for GEF?
AI-generated analysis. How Rhea-AI works. Not financial advice.