Grocery Outlet director granted 18,868 RSUs
Molloy Lawrence reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Molloy Lawrence reported acquisition or exercise transactions in this Form 4 filing.
Grocery Outlet Holding Corp. director Lawrence Molloy reported an award of 18,868 shares of Common Stock in the form of restricted stock units (RSUs). These RSUs were granted at no cash cost and increase his direct holdings to 30,707 shares after the transaction.
The 18,868 RSUs are scheduled to vest on the earlier of the company’s next annual stockholder meeting following the grant date or June 1, 2027, provided he continues to serve through that date. The award represents the annual equity retainer under the company’s non-employee director compensation policy.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,868 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents 18,868 restricted stock units ("RSUs") granted to the reporting person which are scheduled to vest on the earlier of (i) the date of the next annual meeting of stockholders following the date of grant; or (ii) June 1, 2027, subject to the continued service of the reporting person through such vesting date. The RSUs represent the annual equity retainer under the Issuer's non-employee director compensation policy.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
annual equity retainer financial
non-employee director compensation policy financial
FAQ
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What insider transaction did Grocery Outlet (GO) report for Lawrence Molloy?
When do Lawrence Molloy’s new Grocery Outlet (GO) RSUs vest?
What is the nature of the equity granted to Lawrence Molloy by Grocery Outlet (GO)?
Did Lawrence Molloy pay a purchase price for his new Grocery Outlet (GO) RSUs?
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