Grocery Outlet (GO) director adds 116K shares via revocable trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grocery Outlet Holding Corp. director Erik D. Ragatz reported open-market insider purchases of the company’s Common Stock through a trust. On March 16, the Ragatz Revocable Trust bought 100,000 shares at $6.09 per share. On March 17, the trust bought an additional 16,003 shares at $5.85 per share, bringing its reported indirect holdings to 442,503 shares.
The filing also lists other positions associated with Ragatz, including 48,481 shares held directly, 5,200 shares held by his spouse, 38,000 shares in a 401(k) plan, 539,785 shares in a limited partnership controlled by him, and 19,000 shares in a limited liability company he controls.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 116,003 shares ($702,618)
Net Buy
7 txns
Insider
Ragatz Erik D.
Role
Director
Bought
116,003 shs ($703K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 16,003 | $5.85 | $94K |
| Purchase | Common Stock | 100,000 | $6.09 | $609K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 442,503 shares (Indirect, By Trust);
Common Stock — 48,481 shares (Direct)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.00 to $6.25, inclusive. The reporting person undertakes to provide to Grocery Outlet Holding Corp. (the "Issuer"), any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. Reflects shares directly held by the Ragatz Revocable Trust, of which Mr. Ragatz is a Trustee. By 401k plan (not affiliated with the Issuer). Reflects shares of Common Stock held by a limited partnership controlled by Mr. Ragatz. Reflects shares of Common Stock held by a limited liability company controlled by Mr. Ragatz.
FAQ
What insider purchases did Erik D. Ragatz report for Grocery Outlet (GO)?
Erik D. Ragatz reported two open-market purchases of Grocery Outlet Common Stock through a revocable trust, totaling 116,003 shares. The trust acquired 100,000 shares at $6.09 on March 16 and 16,003 shares at $5.85 on March 17.
What other Grocery Outlet (GO) holdings are associated with Erik D. Ragatz?
Beyond the trust position, the filing lists 48,481 shares held directly, 5,200 shares held by his spouse, 38,000 shares through a 401(k) plan, 539,785 shares via a controlled limited partnership, and 19,000 shares via a controlled LLC.
Were the Grocery Outlet (GO) trades by Erik D. Ragatz direct or indirect holdings?
The reported purchases were indirect holdings through the Ragatz Revocable Trust, where Ragatz is a trustee. The Form 4 also lists additional direct and indirect positions via his own account, spouse, 401(k), a limited partnership, and a limited liability company.