GO Form 144: Insider sale disclosed, 5,000 shares planned on 08/15/2025
Rhea-AI Filing Summary
Grocery Outlet Holding Corp. (GO) Form 144 filing discloses a proposed insider sale of common stock. The filer plans to sell 5,000 shares on 08/15/2025 through Fidelity Brokerage Services LLC at an aggregate market value of $91,192.02. The filing shows 98,103,295 shares outstanding. The securities to be sold were acquired as restricted stock vesting: 4,304 shares on 03/02/2022 and 696 shares on 03/02/2023, both received as compensation. The filing also reports a recent sale by the same person, Steve K. Wilson, of 20,000 shares on 08/08/2025 for gross proceeds of $384,038.94. The signer affirms no undisclosed material adverse information about the issuer.
Positive
- Insider sale disclosed under Rule 144, providing transparency about planned resale of restricted shares
- Acquisition history documented (restricted stock vesting on 03/02/2022 and 03/02/2023), clarifying provenance of securities
- Recent prior sale reported (20,000 shares on 08/08/2025 for $384,038.94), indicating consistent disclosure
Negative
- None.
Insights
TL;DR: Insider disclosed a planned, routine sale of vested restricted stock; recent larger sale occurred days earlier, likely liquidity-driven rather than company-changing.
The filing documents a standard Rule 144 notice for 5,000 shares valued at $91,192.02 to be sold on 08/15/2025, following a prior reported sale of 20,000 shares on 08/08/2025 generating $384,038.94. Acquisition history shows the shares originated from compensation through restricted stock vesting in 2022 and 2023. This disclosure is procedural and required for resale of restricted or control securities; it does not itself indicate undisclosed material developments. Investors should treat this as an insider liquidity event rather than a corporate operational signal, noting the signer acknowledges no undisclosed adverse information.
TL;DR: Filing complies with Rule 144 disclosure requirements; documentation of vesting and past sale supports transparency.
The Form 144 provides requisite details: broker, share amounts, acquisition dates, nature of acquisition (restricted stock vesting), and a prior sale by the same person. The statement that the signer is unaware of undisclosed material adverse information is the standard attestation. From a governance perspective, the filing shows timely disclosure of insider sales and accurate provenance of shares, which aligns with good disclosure practice. There is no indication in the filing of governance irregularities or missing required information.