Greif (NYSE: GEF) awards 2,143 Class A shares to director
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 Rose B. Andrew reported an equity award of 2,143 shares of Class A common stock. This grant was made at a price of $0.00 per share under the company’s outside directors’ equity award plan, bringing his direct Class A holdings to 6,295 shares.
The awarded shares are restricted until the earlier of February 23, 2029, or Andrew’s termination from the Board due to retirement, death, or another reason. He also reports directly holding 6,500 shares of Class B common stock following the reported transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ROSE B ANDREW
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,143 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 6,295 shares (Direct);
Class B Common Stock — 6,500 shares (Direct)
Footnotes (1)
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FAQ
What did the Greif (GEF) director report in this Form 4 filing?
The director reported receiving an award of 2,143 Class A common shares at $0.00 per share. The grant was made under Greif’s outside directors’ equity award plan and increased his direct Class A holdings to 6,295 shares after the transaction.
What Greif (GEF) equity plan governed the director’s stock award?
The award was granted under Greif’s outside directors’ equity award plan. This plan provides restricted stock to non-employee directors, with the shares subject to restrictions that lapse at the earlier of a fixed future date or the director’s termination from the Board.
Does the Greif (GEF) director hold any Class B common stock?
Yes, the director reports directly holding 6,500 shares of Greif Class B common stock following the transactions. The Form 4 lists these as holdings, separate from the restricted Class A stock award, and does not indicate any change in Class B share count.