Director Patterson receives 2,143 Greif (GEF) restricted stock shares
Rhea-AI Filing Summary
Patterson Robert M reported acquisition or exercise transactions in this Form 4 filing.
Greif, Inc. director Robert M. Patterson received a grant of 2,143 shares of Class A Common Stock as a restricted stock award under the company’s outside directors’ equity award plan. Following this award, he directly holds 30,993 Class A shares.
The granted shares are subject to restrictions until the earlier of February 23, 2029, or Patterson’s termination from the Board due to retirement, death, or another reason, meaning they are intended as long-term equity compensation tied to his board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,143 shares
Net Buy
1 txn
Insider
Patterson Robert M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,143 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 30,993 shares (Direct)
Footnotes (1)
- F1. 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 his retirement, death or other reason.
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FAQ
What insider transaction did Greif (GEF) report for Robert M. Patterson?
Greif reported that director Robert M. Patterson received 2,143 shares of Class A Common Stock as a restricted stock award. The grant was made under the outside directors’ equity award plan as part of his compensation for serving on the company’s Board.
Was Robert M. Patterson’s Greif (GEF) stock grant a purchase or an award?
The transaction was an award, not an open-market purchase. It is classified as a grant or other acquisition of 2,143 Class A Common shares under Greif’s outside directors’ equity award plan, with a reported price per share of $0.0000.
What type of security did Robert M. Patterson receive from Greif (GEF)?
Robert M. Patterson received Class A Common Stock of Greif, totaling 2,143 shares as a restricted stock award. These shares form part of his director compensation, subject to time and service-based restrictions described in the award’s terms.