Grocery Outlet (NASDAQ: GO) director receives 18,868 deferred stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KOBAYASHI MICHAEL K reported acquisition or exercise transactions in this Form 4 filing.
Grocery Outlet Holding Corp. director Michael K. Kobayashi received a grant of 18,868 deferred stock units as equity compensation. These DSUs are scheduled to vest on the earlier of the next annual stockholder meeting or June 1, 2027, subject to his continued board service.
Upon vesting and his termination of board service, the DSUs will be settled in shares of Common Stock. After this grant, Kobayashi is reported as beneficially owning 30,707 shares of Common Stock, reflecting a routine non-employee director equity retainer rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KOBAYASHI MICHAEL K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,868 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,707 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred stock units granted: 18,868 units
Grant price per unit: $0.00 per unit
Total shares after transaction: 30,707 shares
+1 more
4 metrics
Deferred stock units granted
18,868 units
Non-employee director annual equity retainer
Grant price per unit
$0.00 per unit
Director compensation award, no cash paid by director
Total shares after transaction
30,707 shares
Beneficial ownership following grant
Latest vesting date
June 1, 2027
Latest possible vesting date for DSUs
Key Terms
deferred stock units ("DSUs"), annual equity retainer, non-employee director compensation policy, beneficially owning
4 terms
deferred stock units ("DSUs") financial
"Represents 18,868 deferred stock units ("DSUs") granted to the reporting person"
annual equity retainer financial
"The DSUs represent the annual equity retainer under the Issuer's non-employee director compensation policy."
non-employee director compensation policy financial
"under the Issuer's non-employee director compensation policy."
beneficially owning financial
"total_shares_following_transaction": "30707.0000""
FAQ
What insider transaction did Grocery Outlet (GO) report for Michael K. Kobayashi?
Grocery Outlet reported that director Michael K. Kobayashi received 18,868 deferred stock units as an equity grant. These units are part of his annual non-employee director retainer and were awarded at no cash cost per unit to the director.
Is the Michael K. Kobayashi Form 4 for GO an open-market stock purchase or sale?
The Form 4 for Michael K. Kobayashi reflects an equity grant, not an open-market trade. He acquired 18,868 deferred stock units at a reported price of $0.00 per unit as compensation for his service on the board.
When do Michael K. Kobayashi’s 18,868 DSUs at Grocery Outlet (GO) vest?
The 18,868 deferred stock units are scheduled to vest on the earlier of the next annual meeting of stockholders or June 1, 2027. Vesting is conditioned on Kobayashi continuing to serve on the board through the applicable vesting date.
How and when will Michael K. Kobayashi’s DSUs in Grocery Outlet (GO) be settled?
If the deferred stock units vest, they will be settled in shares of Common Stock upon Kobayashi’s termination of service from the board. This means share delivery occurs when he leaves the board, rather than immediately at the vesting date.