Grocery Outlet SVP receives new stock unit awards
Leary Susan Michelle reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Leary Susan Michelle reported acquisition or exercise transactions in this Form 4 filing.
Grocery Outlet Holding Corp. senior vice president of accounting Susan Michelle Leary received new equity awards in the form of restricted and performance stock units. She was granted 4,433 restricted stock units, each convertible into one share of common stock, bringing her direct common stock holdings to 50,642 shares after the award.
She also received 6,650 performance stock units tied to share price goals over a three-year performance period ending with fiscal year 2028. Depending on performance, she may ultimately earn between 0% and 200% of this PSU target, subject to continued service and Compensation Committee certification.
Insider Trade Summary
Grant/Award: 11,083 shares
Grant/Award
2 txns
Insider
Leary Susan Michelle
Role
SVP, Accounting
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Unit | 6,650 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 4,433 | $0.00 | $0.00 |
Holdings After Transaction:
Performance Stock Unit — 6,650 contracts (Direct);
Common Stock — 50,642 shares (Direct)
Footnotes (2)
- F1. Represents 4,433 restricted stock units ("RSUs") granted on June 15, 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 will vest in three equal installments on May 20 of each of 2027, 2028 and 2029, subject to the reporting person's completion of service through such vesting dates.
- 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
Restricted stock units granted: 4,433 units
Performance stock units granted: 6,650 units
Common shares held after grant: 50,642 shares
+3 more
6 metrics
Restricted stock units granted
4,433 units
RSUs granted on June 15, 2026
Performance stock units granted
6,650 units
PSUs granted on June 15, 2026
Common shares held after grant
50,642 shares
Direct holdings following RSU award
PSU payout range
0–200% of target
Based on share price performance through fiscal 2028
RSU vesting schedule
3 equal installments
Vest on May 20, 2027, 2028 and 2029
PSU performance period length
3 years
Performance period ending last day of fiscal 2028
Key Terms
restricted stock units ("RSUs"), performance-based RSUs ("PSUs"), three-year performance period, Compensation Committee
4 terms
restricted stock units ("RSUs") financial
"Represents 4,433 restricted stock units ("RSUs") granted on June 15, 2026"
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"
three-year performance period financial
"specified time periods during a three-year performance period ending on the last day"
Compensation Committee financial
"will vest upon the certification of achievement by the Compensation Committee of the Board"
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 transaction did GO executive Susan Leary report on this Form 4?
Susan Michelle Leary reported receiving equity awards, not making an open-market trade. She was granted 4,433 restricted stock units and 6,650 performance stock units, both tied to Grocery Outlet Holding Corp. common stock as part of her compensation.
What are the terms of the 4,433 restricted stock units granted to Susan Leary at GO?
The 4,433 restricted stock units each convert into one share of Grocery Outlet common stock. They vest in three equal installments on May 20 of 2027, 2028, and 2029, contingent on Susan Leary’s continued service through those vesting dates.
How do the 6,650 performance stock units for GO executive Susan Leary work?
The 6,650 performance stock units are earned based on share price goals over a three-year performance period ending with fiscal 2028. Each PSU can convert into one share, with 0–200% of the target ultimately earned, depending on performance and continued employment.
When will Susan Leary’s performance stock units at Grocery Outlet vest?
The performance stock units are scheduled to vest after the three-year performance period ending in fiscal 2028. Vesting occurs when the Compensation Committee certifies achievement of share price goals, assuming Susan Leary remains employed as outlined in the PSU Award Agreement.
Did the Grocery Outlet (GO) Form 4 show any stock sales by Susan Leary?
The Form 4 shows only equity grants to Susan Leary, not stock sales. It reports awards of restricted stock units and performance stock units with no open-market purchases or sales, reflecting routine compensation rather than trading activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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