Grocery Outlet (GO) grants director 22,022 RSUs as equity retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
THORNTON FELICIA D reported acquisition or exercise transactions in this Form 4 filing.
Grocery Outlet Holding Corp. director Felicia D. Thornton reported an equity award of common stock. She received a grant of 22,022 restricted stock units (RSUs) at no cash cost, bringing her direct holdings reported in this filing to 22,022 shares-equivalent.
The RSUs are scheduled to vest on the earlier of the company’s next annual stockholder meeting following the grant date or June 1, 2027, if she continues serving as a director. The award represents the annual equity retainer under Grocery Outlet’s non-employee director compensation policy.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
THORNTON FELICIA D
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 share
Holdings after grant: 22,022 shares-equivalent
+1 more
4 metrics
RSUs granted
22,022 RSUs
Non-employee director annual equity retainer
Grant price
$0.00 per share
Equity award, no cash paid by director
Holdings after grant
22,022 shares-equivalent
Total common stock reported following transaction
Latest possible vesting date
June 1, 2027
Vests 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
"annual equity retainer under the Issuer's non-employee director compensation policy"
FAQ
What insider transaction did Grocery Outlet (GO) director Felicia Thornton report?
Felicia D. Thornton reported an equity award of 22,022 restricted stock units in Grocery Outlet. These RSUs were granted at no cash cost as part of her non-employee director compensation and represent her reported direct holdings after the grant.
How many RSUs did Felicia Thornton receive from Grocery Outlet (GO)?
She received 22,022 restricted stock units from Grocery Outlet. These RSUs are part of the company’s annual equity retainer for non-employee directors and will convert into common shares as they vest, subject to her continued board service through the vesting date.
When do Felicia Thornton’s Grocery Outlet (GO) RSUs 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 Felicia Thornton’s continued service as a director through that vesting date under the company’s policy.
What is the purpose of the RSU grant to Grocery Outlet (GO) director Felicia Thornton?
The 22,022 restricted stock units represent the annual equity retainer under Grocery Outlet’s non-employee director compensation policy. This structure aligns director compensation with shareholder interests by delivering value in stock units that vest over time with continued service.