Grocery Outlet Director Receives $150K Stock Grant, Vesting in 2026
Grocery Outlet Holding Director Lawrence Molloy received a grant of 11,839 restricted stock units (RSUs) on June 26, 2025, as part of the company's non-employee director compensation policy.
Rhea-AI Filing Summary
Grocery Outlet Holding Director Lawrence Molloy received a grant of 11,839 restricted stock units (RSUs) on June 26, 2025, as part of the company's non-employee director compensation policy. The RSUs were granted at a price of $12.67 per unit.
Key details of the RSU grant:
- The RSUs will vest on the earlier of the next annual stockholders' meeting or June 2, 2026
- Vesting is subject to Molloy's continued service as director
- The grant represents the annual equity retainer for non-employee directors
- Total value of the grant: approximately $150,000
This Form 4 filing indicates standard board compensation practices and demonstrates continued commitment to aligning director interests with shareholders through equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,839 | $12.67 | $150K |
Footnotes (1)
- F1. Represents 11,839 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 2, 2026, 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.
FAQ
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