Grocery Outlet CFO reports initial 101,303-share stake
Grocery Outlet Holding Corp. executive Ian Daniel Ferry, EVP, CFO and Treasurer, reported his initial ownership on a Form 3.
Rhea-AI Filing Summary
Grocery Outlet Holding Corp. executive Ian Daniel Ferry, EVP, CFO and Treasurer, reported his initial ownership on a Form 3. He directly holds 101,303 shares of Common Stock, including 25,302 unvested restricted stock units (RSUs) that convert into one share each as they vest on specified dates through 2029. He also holds 29,436 performance stock units (PSUs), which can pay out between 0% and 200% of this amount based on share price goals over a three-year performance period ending at the close of fiscal 2028.
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ferry Ian Daniel
Role
EVP, CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Stock Unit — 29,436 contracts (Direct);
Common Stock — 101,303 shares (Direct)
Footnotes (2)
- F1. Includes 25,302 unvested restricted stock units ("RSUs") previously granted on August 7, 2025, March 12, 2026, and May 20, 2026 to the reporting person that will entitle the reporting person to receive one share of the Issuer's Common Stock per RSU. The RSUs are subject to the reporting person's completion of service through the following vesting dates: (i) 5,678 unvested RSUs granted on August 7, 2025 will vest in two remaining equal installments on May 20 of each of 2027 and 2028; (ii) 12,795 RSUs granted on March 12, 2026 will vest in three equal installments on March 1 of each of 2027, 2028 and 2029; and (iii) 6,829 RSUs granted on May 20, 2026 will vest in three equal installments on May 20 of each of 2027, 2028 and 2029.
- F2. Represents a grant of performance-based RSUs ("PSUs"). Each PSU represents a right to receive one share of the Issuer's common stock upon vesting. The PSUs are earned based on the achievement of specified share price goals for specified time periods during a three-year performance period ending on the last day of the Issuer's fiscal year 2028. The Reporting Person could earn 0-200% of the amount reported depending on the level of performance achieved. The PSUs will vest upon the certification of achievement by the Compensation Committee of the Board of Directors of the Issuer following the end of the performance period, subject to the Reporting Person's continued employment or service with the Issuer as contemplated in the PSU Award Agreement.
Key Figures
Common Stock holdings: 101,303 shares
Unvested RSUs: 25,302 units
Performance Stock Units: 29,436 PSUs
+2 more
5 metrics
Common Stock holdings
101,303 shares
Directly held following Form 3 reporting
Unvested RSUs
25,302 units
Each RSU converts into one share upon vesting
Performance Stock Units
29,436 PSUs
Each PSU represents one underlying share of common stock
PSU payout range
0–200%
Potential shares earned based on performance goals
Performance period end
Fiscal year 2028
Three-year PSU performance period ends at this time
Key Terms
restricted stock units ("RSUs"), performance-based RSUs ("PSUs"), three-year performance period, Compensation Committee
4 terms
restricted stock units ("RSUs") financial
"Includes 25,302 unvested restricted stock units ("RSUs") previously granted on August 7, 2025..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
performance-based RSUs ("PSUs") financial
"Represents a grant of performance-based RSUs ("PSUs"). Each PSU represents a right to receive one share..."
three-year performance period financial
"during a three-year performance period ending on the last day of the Issuer's fiscal year 2028."
Compensation Committee financial
"will vest upon the certification of achievement by the Compensation Committee of the Board of Directors..."
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider position did Ferry Ian Daniel report at Grocery Outlet (GO)?
Ferry Ian Daniel reported 101,303 shares of Common Stock in his initial Form 3 for Grocery Outlet. This amount includes unvested RSUs that will settle into common shares as they vest over time.
How many unvested RSUs does Grocery Outlet (GO) CFO Ferry Ian Daniel hold?
He holds 25,302 unvested restricted stock units (RSUs). These RSUs each convert into one share of Grocery Outlet common stock, subject to continued service and scheduled vesting dates through 2029.
What performance stock units (PSUs) were reported by Grocery Outlet (GO) CFO?
He reported 29,436 performance stock units (PSUs), each tied to one share of common stock. The number earned can range from 0% to 200% of this amount, depending on share price goals through fiscal 2028.
Over what period are Grocery Outlet (GO) PSUs measured for Ferry Ian Daniel?
The PSUs use a three-year performance period ending with fiscal year 2028. Payout depends on achieving specified share price goals over set time periods within that overall performance window.
What conditions apply to the unvested RSUs held by Grocery Outlet (GO) CFO?
The 25,302 unvested RSUs vest only if Ferry Ian Daniel continues his service. They vest in scheduled installments on specific dates between 2027 and 2029, then deliver one share of common stock each.
AI-generated analysis. How Rhea-AI works. Not financial advice.
