Director Karen Morrison receives 2,143 restricted Greif (GEF) shares as equity award

Rhea-AI Filing Summary

Morrison Karen reported acquisition or exercise transactions in this Form 4 filing.

Greif, Inc. director Karen Morrison received a grant of 2,143 shares of Class A Common Stock as an equity award. The award was made at no cash cost to her and increased her directly owned holdings to 11,543 shares. These shares are restricted until the earlier of February 23, 2029, or her termination from the Board due to retirement, death, or another reason.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Morrison Karen

(Last) (First) (Middle)

425 WINTER ROAD

(Street)

DELAWARE OH 43015

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GREIF, INC [ GEF, GEF-B ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/23/2026		A		2,143	A	$0(1)	11,543	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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 her retirement, death or other reason.

	Karen A. Morrison by L. Dennis Hoffman, Jr. pursuant to a POA filed with the Commission.	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Greif (GEF) director Karen Morrison report?

Karen Morrison reported receiving 2,143 shares of Greif Class A Common Stock as a restricted stock award. The grant was classified as a grant, award, or other acquisition, increasing her directly owned stake to 11,543 shares after the transaction.

Was cash paid for the Greif (GEF) shares granted to Karen Morrison?

No cash was paid for this grant; the transaction price per share was reported as 0.0000. This indicates the 2,143 shares were issued as a compensation-related equity award under Greif’s outside directors’ equity award plan rather than a market purchase.

How many Greif (GEF) shares does Karen Morrison own after this Form 4 transaction?

After the reported transaction, Karen Morrison directly owns 11,543 shares of Greif Class A Common Stock. This total reflects the addition of 2,143 restricted shares granted to her as part of the company’s equity award program for outside directors.

What are the restrictions on the Greif (GEF) shares granted to Karen Morrison?

The 2,143 awarded shares are restricted until the earlier of February 23, 2029, or her termination from the Greif Board due to retirement, death, or another reason. Until that time, the shares are subject to the plan’s restriction terms.

Under what plan did Karen Morrison receive her Greif (GEF) restricted stock award?

The Form 4 states the restricted stock award was made under Greif’s outside directors’ equity award plan. This plan provides equity compensation to non-employee directors, granting shares that are subject to specified restrictions and vesting conditions over time.