GO Form 3 — EVP Frank Kerr Files Initial Statement Reporting No Shares
Rhea-AI Filing Summary
Frank Michael Kerr, identified as EVP, Chief Store Operations Officer of Grocery Outlet Holding Corp. (GO), filed an initial Form 3 dated 09/15/2025 disclosing that he does not beneficially own any securities of the issuer. The filing lists an Exhibit 24 power of attorney and was signed by an attorney-in-fact, Luke D. Thompson.
Positive
- Reporting officer identified and disclosure filed under Section 16, increasing regulatory transparency
- Clear statement that no securities are beneficially owned by the reporting person as of the filing date
Negative
- None.
Insights
TL;DR: Initial insider disclosure filed; reporting officer holds no company securities.
The Form 3 documents an initial Section 16 filing for an executive officer, confirming the company's disclosure controls captured the new officer and that no equity holdings exist to report. The inclusion of Exhibit 24 (power of attorney) and an attorney-in-fact signature indicates the filing followed procedural formalities. This is a routine governance disclosure with no direct impact on capital structure.
TL;DR: No holdings reported by the named officer; filing is informational and non-material to valuation.
The filing states the reporting person, Frank Michael Kerr, serves as EVP, Chief Store Operations Officer and reported no beneficial ownership