STOCK TITAN
  1. Home
  2. Sec-filings
  3. GEF
  4. [Form 4] GREIF, INC Insider Trading Activity

Greif (NYSE: GEF) director receives new phantom stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 303.2900 phantom stock units on 2026-08-03, each economically equivalent to one share of Class A Common Stock. These cash-settled units pay dividend equivalents and are settled upon her departure from the Board. Following the award, she holds 3332.0900 phantom units, including 24.82 units credited in lieu of dividends.

Positive

  • None.

Negative

  • None.
Insider Morrison Karen
Role Director
Type Security Shares Price Value
Grant/Award Phantom Stock Units (Cash Only Rights) F1, F2, F3 303.29 $86.55 $26K
Holdings After Transaction: Phantom Stock Units (Cash Only Rights) — 3,332.09 shares (Direct)
Footnotes (3)
  1. F1. Each phantom stock unit is the economic equivalent of one share of Class A Common Stock of Greif, Inc.
  2. F2. The phantom shares are to be settled in cash upon the Reporting Person's termination from the Board due to her retirement, death or other reason.
  3. F3. Includes 24.82 units received on July 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.
Phantom stock units granted 303.2900 units Grant to director on 2026-08-03
Transaction price per phantom unit 86.5500 Valuation per phantom unit at grant
Total phantom units after grant 3332.0900 units Director’s phantom stock balance following the award
Dividend-equivalent phantom units 24.82 units Units received July 1, 2026 in lieu of dividends
Underlying Class A Common Stock equivalent 303.2900 shares Each phantom unit equals one share of Class A Common Stock
Phantom Stock Units (Cash Only Rights) financial
"Security title: Phantom Stock Units (Cash Only Rights)"
economic equivalent financial
"Each phantom stock unit is the economic equivalent of one share"
dividends on outstanding phantom units financial
"units received in lieu of payment of dividends on outstanding phantom units"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transaction did Greif (GEF) report for director Karen Morrison?
Greif (GEF) reported that director Karen Morrison received 303.2900 phantom stock units on 2026-08-03. Each unit is the economic equivalent of one share of Class A Common Stock and will be settled in cash when she leaves the Board.

How many phantom stock units does Karen Morrison now hold at Greif (GEF)?
After the latest grant, Karen Morrison holds 3332.0900 phantom stock units tied to Greif Class A Common Stock. This total includes 24.82 units credited in lieu of dividends on her outstanding phantom units.

What are Greif (GEF) phantom stock units and how are they settled?
Greif’s phantom stock units are cash-settled rights whose value tracks one share of Class A Common Stock. They do not deliver actual shares; instead, they are settled in cash when the director leaves the Board for retirement, death, or another reason.

Did Karen Morrison’s Greif (GEF) phantom units earn dividend equivalents?
Yes. The disclosure notes that 24.82 phantom units were received on July 1, 2026 in lieu of cash dividends. Dividends paid on one phantom unit equal the value of dividends paid on one share of Class A Common Stock.

Does the Greif (GEF) phantom stock grant involve buying or selling common shares?
No. The reported transaction is a grant of phantom stock units, not a market purchase or sale of common shares. These are cash-only rights whose value mirrors Class A Common Stock rather than actual share transfers.
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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 OHIO 43015
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
GREIF, INC [ GEF, GEF-B ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/03/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Stock Units (Cash Only Rights)$0(1)08/03/2026A303.29 (2) (2)Class A Common Stock303.29$86.553,332.09(3)D
Explanation of Responses:
1. Each phantom stock unit is the economic equivalent of one share of Class A Common Stock of Greif, Inc.
2. The phantom shares are to be settled in cash upon the Reporting Person's termination from the Board due to her retirement, death or other reason.
3. Includes 24.82 units received on July 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.
Karen A. Morrison by L. Dennis Hoffman, Jr. pursuant to a POA filed with the Commission.08/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR