Greif (NYSE: GEF) director awarded 2,143 restricted Class A shares
Rhea-AI Filing Summary
MCNAMARA JOHN W reported acquisition or exercise transactions in this Form 4 filing.
Greif, Inc. director John W. McNamara reported an equity award of 2,143 shares of Class A Common Stock. The shares were granted as a restricted stock award under the company’s outside directors’ equity award plan at a price of $0.00 per share.
The restricted shares remain subject to forfeiture or transfer limits until the earlier of February 23, 2029, or his departure from the board due to retirement, death or other termination. After this grant, he directly owns 42,181 Class A shares.
The filing also lists holdings of Class B Common Stock: 3,000 shares held directly, 188,351.33 shares in a family trust where he serves as trustee, and 70,590 shares in a voting trust. He disclaims beneficial ownership of voting trust shares in which he has no pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,143 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
- Transaction reflects a restricted stock award made to the Reporting Person pursuant to the terms of the Issuer's outside directors' equity award plan. The shares are subject to restriction until the earlier of February 23, 2029, or the Reporting Person's termination from the board due to the Reporting Person's retirement, death or other reason. The shares are held in a family trust of which the Reporting Person is the trustee. Includes a correction of 7,700 additional shares with respect to shares beneficially owned by one of the family trusts. The shares are held in a voting trust of which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of those shares in the voting trust in which the Reporting Person does not have a pecuniary interest.