Greif (GEF) director awarded 402 phantom stock units in cash-settled grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ROSE B ANDREW reported acquisition or exercise transactions in this Form 4 filing.
Greif, Inc. director Andrew B. Rose received a grant of 402.36 phantom stock units tied to the value of Greif Class A Common Stock. Each unit is economically equivalent to one share, but will be settled in cash rather than stock.
After this grant, Rose holds 3,313.38 phantom stock units. The units are payable in cash on a future fixed date chosen at deferral or upon his termination from the board, including retirement, death, disability, or other separation. The holdings include 24.10 units credited on April 1, 2026 in lieu of cash dividends on existing phantom units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROSE B ANDREW
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units (Cash Only Rights) | 402.36 | $65.24 | $26K |
Holdings After Transaction:
Phantom Stock Units (Cash Only Rights) — 3,313.38 shares (Direct, null)
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. Includes 24.10 units received on April 1, 2026 in lieu of payment of dividends on outstanding phantom units. Dividends paid on one phantom unit are equivalent in value to dividends paid on one share of Class A Common Stock.
Key Figures
Phantom units granted: 402.36 units
Indicated unit value: $65.24 per unit
Total phantom units after grant: 3,313.38 units
+3 more
6 metrics
Phantom units granted
402.36 units
Grant of phantom stock units on May 1, 2026
Indicated unit value
$65.24 per unit
Transaction price per phantom stock unit
Total phantom units after grant
3,313.38 units
Director’s phantom stock unit balance following transaction
Dividend-equivalent units
24.10 units
Units credited on April 1, 2026 in lieu of dividends
Underlying security
402.36 Class A shares equivalent
Each phantom unit equals one Class A Common Stock share in value
Exercise price
$0.00
Conversion or exercise price for phantom stock units
Key Terms
Phantom Stock Units (Cash Only Rights), Class A Common Stock, economic equivalent, deferral election, +1 more
5 terms
Phantom Stock Units (Cash Only Rights) financial
"security_title: "Phantom Stock Units (Cash Only Rights)""
Class A Common Stock financial
"underlying_security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
economic equivalent financial
"Each phantom stock unit is the economic equivalent of one share of Class A Common Stock"
deferral election financial
"designated by the Reporting Person made at the time of the deferral election"
dividends in lieu financial
"Includes 24.10 units received ... in lieu of payment of dividends on outstanding phantom units"
FAQ
What did Greif (GEF) director Andrew B. Rose report in this Form 4?
Andrew B. Rose reported receiving 402.36 phantom stock units linked to Greif Class A Common Stock. These units are cash-settled compensation, increasing his total phantom unit holdings to 3,313.38, and reflect deferred value rather than an open-market stock purchase or sale.
What are the key details of the phantom stock units granted to the Greif (GEF) director?
The grant covers 402.36 phantom stock units, each economically equal to one Greif Class A share. The indicated value per unit is $65.24, and the award is recorded as a derivative security that will be settled entirely in cash, not actual company shares.
When will Andrew B. Rose’s Greif (GEF) phantom stock units be paid out?
The phantom stock units will be settled in cash on the earlier of a future fixed date chosen at the time of deferral, or when Rose leaves the Greif board due to retirement, death, disability, or another termination event, aligning payout with his board service timeline.
How do dividends affect the Greif (GEF) phantom stock units held by the director?
Dividends on Greif Class A Common Stock are mirrored in the phantom units. On April 1, 2026, 24.10 additional phantom units were credited to Rose in lieu of cash dividends, with each unit’s dividend value matching that of one share of Class A Common Stock.
Does this Greif (GEF) Form 4 show an open-market stock purchase or sale by the director?
No, the Form 4 shows a grant of 402.36 phantom stock units as compensation, not an open-market trade. The units are derivative, cash-only rights that track Greif’s Class A share value and are paid out later in cash rather than as actual stock.