Director Lawrence Molloy receives 18,868 RSUs at Grocery Outlet (NASDAQ: GO)
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Molloy Lawrence
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,868 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,707 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 18,868 shares
Grant price per share: $0.0000 per share
Shares after transaction: 30,707 shares
+1 more
4 metrics
RSUs granted
18,868 shares
Restricted stock units awarded to Lawrence Molloy
Grant price per share
$0.0000 per share
RSU grant compensation, not open-market purchase
Shares after transaction
30,707 shares
Total direct holdings following the RSU grant
RSU vesting date
Earlier of next annual meeting or June 1, 2027
Time-based vesting condition for 18,868 RSUs
Key Terms
restricted stock units ("RSUs"), annual equity retainer, non-employee director compensation policy
3 terms
restricted stock units ("RSUs") financial
"Represents 18,868 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
"under the Issuer's non-employee director compensation policy"
FAQ
What insider transaction did Grocery Outlet (GO) report for Lawrence Molloy?
Grocery Outlet reported that director Lawrence Molloy received 18,868 restricted stock units as an equity award. These RSUs represent his annual equity retainer under the company’s non-employee director compensation policy and were granted with no cash paid per share.
When do Lawrence Molloy’s new Grocery Outlet (GO) RSUs vest?
The 18,868 restricted stock units granted to Lawrence Molloy vest on the earlier of the next annual stockholder meeting after the grant or June 1, 2027. Vesting is conditioned on his continued service as a non-employee director through the applicable vesting date.
What is the nature of the equity granted to Lawrence Molloy by Grocery Outlet (GO)?
The equity consists of 18,868 restricted stock units, each representing a share of Grocery Outlet common stock. These RSUs are part of the issuer’s annual equity retainer for non-employee directors and are subject to time-based vesting tied to future service on the board.
Did Lawrence Molloy pay a purchase price for his new Grocery Outlet (GO) RSUs?
No, the Form 4 shows a price per share of 0.0000 for the 18,868 restricted stock units granted to Lawrence Molloy. This indicates the award was a compensation grant rather than an open-market purchase of Grocery Outlet common stock.