Director at Greif (GEF) receives 2,143 restricted Class A shares
Rhea-AI Filing Summary
Miller Frank Calhoun V reported acquisition or exercise transactions in this Form 4 filing.
GREIF, INC director Miller Frank Calhoun V 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. After this award, he directly holds 9,074 Class A shares and 1,000 Class B shares.
The granted shares are subject to restrictions until the earlier of February 23, 2029, or his termination from the Board due to retirement, death, or another reason.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,143 shares
Net Buy
2 txns
Insider
Miller Frank Calhoun V
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,143 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 9,074 shares (Direct);
Class B Common Stock — 1,000 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 did Greif (GEF) director Miller Frank Calhoun V report on this Form 4?
He reported receiving a grant of 2,143 shares of Greif Class A Common Stock as a restricted stock award. The award was made under the company’s outside directors’ equity award plan and increases his directly held Class A share balance to 9,074 shares.
What restrictions apply to the new Greif (GEF) restricted stock award?
The 2,143 Class A shares are restricted until the earlier of February 23, 2029, or the director’s termination from the Board due to retirement, death, or another reason. Until that time, the award remains subject to the plan’s terms and limitations on transfer.
Was the Greif (GEF) restricted stock award a market purchase or a plan grant?
The transaction was a restricted stock award under Greif’s outside directors’ equity award plan, not an open-market purchase. The Form 4 describes it as a grant or other acquisition, with a reported price per share of $0.0000, indicating no cash consideration paid.