Greif (GEF) CFO Hilsheimer sells 41,754 Class A shares, cites loan repayment
Rhea-AI Filing Summary
GREIF, INC EVP and CFO Lawrence A. Hilsheimer reported open-market sales of Class A Common Stock totaling 41,754.129 shares on August 6–7, 2026. He sold 21,500 shares at $88.6617 per share and 20,254.129 shares at $88.5100 per share. A footnote states he intends to use the net proceeds primarily to repay a home renovation loan. Another footnote notes a prior 74-share underreporting of beneficial Class A holdings due to an administrative error. An indirect holding of 1,236.3903 Class A shares is reported in a 401(k) plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 41,754.129 shares
Net Sell
6 txns
Insider
Hilsheimer Lawrence A.
Role
EVP and CFO
Sold
41,754.129 shs ($3.70M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 21,500 | $88.6617 | $1.91M |
| Sale | Class A Common Stock F1, F2 | 20,254.129 | $88.51 | $1.79M |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 25,825.2227 shares (Direct);
Class A Common Stock — 1,236.3903 shares (Indirect, By 401(k) Plan);
Class B Common Stock — 218,891 shares (Direct)
Footnotes (2)
- F1. The reporting person intends to use the net proceeds from this sale primarily to facilitate a repayment of a home renovation loan.
- F2. Due to an administrative error, the reporting person's beneficial holdings of Class A stock were previously underreported by 74 shares.
Key Figures
Shares sold 2026-08-07: 21,500 shares
Shares sold 2026-08-06: 20,254.129 shares
Total shares sold: 41,754.129 shares
+4 more
7 metrics
Shares sold 2026-08-07
21,500 shares
Class A Common Stock sold at $88.6617 per share
Shares sold 2026-08-06
20,254.129 shares
Class A Common Stock sold at $88.5100 per share
Total shares sold
41,754.129 shares
Net reported sales of Class A Common Stock across both days
Sale price 2026-08-07
$88.6617 per share
Open-market or private transaction in Class A Common Stock
Sale price 2026-08-06
$88.5100 per share
Open-market or private transaction in Class A Common Stock
Indirect 401(k) holdings
1,236.3903 shares
Class A Common Stock held indirectly by 401(k) Plan after transactions
Previously underreported shares
74 shares
Administrative error in prior beneficial Class A holdings disclosure
Key Terms
Class A Common Stock, beneficial holdings, 401(k) Plan, open market or private transaction
4 terms
Class A Common Stock financial
"reported open-market sales of Class A Common Stock totaling 41,754.129 shares"
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.
beneficial holdings financial
"the reporting person's beneficial holdings of Class A stock were previously underreported"
401(k) Plan financial
"An indirect holding of 1,236.3903 Class A shares is reported in a 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
open market or private transaction financial
"Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did GREIF (GEF) EVP and CFO Lawrence A. Hilsheimer report in this Form 4?
He reported sales of 41,754.129 Class A shares on August 6–7, 2026, in open-market transactions, plus updated information on his indirect 401(k) holdings and a small prior underreporting of Class A shares.
What indirect GREIF (GEF) holdings does the CFO report in this Form 4?
He reports indirect ownership of 1,236.3903 Class A shares held by a 401(k) Plan. This entry is classified as indirect ownership and is separate from his directly held and sold Class A shares.