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GLGI Form 4: Director purchases at $1.1–$1.31, now 76,600 shares

Filing Impact
(Low)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Greystone Logistics (GLGI) reported insider activity by a director, who purchased common stock across multiple dates. Transactions occurred from 05/20/2025 through 10/15/2025 at prices ranging from $1.1 to $1.31 per share.

Following these purchases, the reporting person beneficially owned 76,600 shares, held directly.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Lockard Drew T.

(Last) (First) (Middle)
4436 POTOMAC AVE

(Street)
DALLAS TX 75205

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GREYSTONE LOGISTICS, INC. [ GLGI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 05/20/2025 05/20/2025 P 3,400 A $1.2 15,400 D
Common Stock 05/21/2025 05/21/2025 P 8,000 A $1.2 23,400 D
Common Stock 05/22/2025 05/22/2025 P 10,000 A $1.3 33,400 D
Common Stock 05/22/2025 05/22/2025 P 10,000 A $1.31 43,400 D
Common Stock 05/23/2025 05/23/2025 P 6,600 A $1.3 50,000 D
Common Stock 08/22/2025 08/22/2025 P 5,000 A $1.27 55,000 D
Common Stock 10/14/2025 10/14/2025 P 1,600 A $1.1 56,600 D
Common Stock 10/15/2025 10/15/2025 P 10,000 A $1.14 66,600 D
Common Stock 10/15/2025 10/15/2025 P 10,000 A $1.12 76,600 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ Drew Lockard 11/14/2025
** Signature of Reporting Person Date
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.

FAQ

Who reported the transactions for GLGI?

A director of Greystone Logistics reported the transactions, signing as /s/ Drew Lockard.

What type of filing is this for GLGI?

It is a Form 4, reporting insider transactions in GLGI common stock.

What did the GLGI insider do?

They purchased GLGI common stock on several dates, coded as P for open-market buys.

What is the insider’s ownership after the transactions?

Beneficial ownership is 76,600 shares, held directly.

When did the transactions occur?

Between 05/20/2025 and 10/15/2025.

What were the reported purchase prices?

Reported prices range from $1.1 to $1.31 per share.

What is the insider’s relationship to GLGI?

The reporting person is a Director of Greystone Logistics.
Greystone Logist

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31.91M
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45.47%
9.11%
Specialty Chemicals
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United States
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