Grocery Outlet (GO) awards 22,022 RSUs to non-employee director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allen Frances L. reported acquisition or exercise transactions in this Form 4 filing.
Grocery Outlet Holding Corp. director Frances L. Allen received a grant of 22,022 restricted stock units (RSUs) of common stock. These RSUs vest on the earlier of the next annual stockholder meeting or June 1, 2027, as long as she continues serving on the board. The grant represents her annual equity retainer under the company’s non-employee director compensation policy and is a compensation award, not an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Allen Frances L.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,022 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,022 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 22,022 RSUs
Grant price: $0.00 per unit
Shares after transaction: 22,022 units
+1 more
4 metrics
RSUs granted
22,022 RSUs
Grant of restricted stock units to director Frances L. Allen
Grant price
$0.00 per unit
Compensation award, not an open-market purchase
Shares after transaction
22,022 units
Total direct holdings from this RSU award following the grant
Latest vesting date
June 1, 2027
RSUs vest on earlier of next annual meeting or this date
Key Terms
restricted stock units ("RSUs"), annual equity retainer, non-employee director compensation policy
3 terms
restricted stock units ("RSUs") financial
"Represents 22,022 restricted stock units ("RSUs") granted to the reporting person"
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.
annual equity retainer financial
"The RSUs represent the annual equity retainer under the Issuer's non-employee director compensation policy."
non-employee director compensation policy financial
"The RSUs represent the annual equity retainer under the Issuer's non-employee director compensation policy."
FAQ
What did Frances L. Allen report in this Grocery Outlet (GO) Form 4?
Frances L. Allen reported receiving 22,022 restricted stock units (RSUs) of Grocery Outlet common stock. The award is part of her compensation as a non-employee director and is granted at no purchase price, rather than acquired in the open market.
When do the 22,022 RSUs granted to the Grocery Outlet (GO) director vest?
The 22,022 RSUs are scheduled to vest on the earlier of the next annual meeting of stockholders or June 1, 2027. Vesting is conditioned on the director’s continued service on Grocery Outlet’s board through the applicable vesting date, as stated in the grant terms.
Is the Grocery Outlet (GO) director’s RSU grant an open-market stock purchase?
No, the grant is not an open-market stock purchase. It is a compensation-related award of restricted stock units with a reported price of $0.00 per unit, reflecting a board equity retainer rather than a voluntary buy or sell transaction in the public market.
What is the purpose of the 22,022 RSUs granted by Grocery Outlet (GO)?
The 22,022 RSUs represent the annual equity retainer under Grocery Outlet’s non-employee director compensation policy. This structure aligns director pay with shareholder interests by delivering part of compensation in stock-based awards that vest over time, subject to continued board service.
Does this Grocery Outlet (GO) Form 4 show any stock sales by the director?
The Form 4 shows no stock sales by the director. It reports a single acquisition transaction coded “A” for grant or award, covering 22,022 restricted stock units, with no accompanying sale, gift, or tax-withholding dispositions disclosed in the transaction summary.