Grocery Outlet director granted 18,868 RSUs
Lindberg Eric J. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Lindberg Eric J. Jr. reported acquisition or exercise transactions in this Form 4 filing.
Grocery Outlet Holding Corp. director Eric J. Lindberg Jr. received a grant of 18,868 restricted stock units (RSUs) as part of his annual equity retainer under the company’s non-employee director compensation policy. These RSUs vest on the earlier of the next annual stockholder meeting or June 1, 2027, subject to his continued service.
After this grant, Lindberg holds 462,573 shares of common stock directly. He also has indirect holdings reported as 460 shares held by his spouse, 460 shares held by a child, 401,500 shares held by the Lindberg Irrevocable Trust, and 1,976,670 shares held by The Lindberg Family Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 18,868 shares
Grant/Award
5 txns
Insider
Lindberg Eric J. Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,868 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 462,573 shares (Direct);
Common Stock — 1,976,670 shares (Indirect, By Lindberg Revocable Trust);
Common Stock — 401,500 shares (Indirect, By Lindberg Irrevocable Trust);
Common Stock — 460 shares (Indirect, By child);
Common Stock — 460 shares (Indirect, By spouse)
Footnotes (3)
- 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.
- F2. Reflects shares directly held by The Lindberg Family Revocable Trust u/a/d 2/14/2006 of which Mr. Lindberg is a Trustee
- F3. Reflects shares directly held by the Lindberg Irrevocable Trust u/a/d 5/12/17 of which Mr. Lindberg is a Trustee.
Key Figures
RSU grant size: 18,868 RSUs
RSU vesting date: Earlier of next annual meeting or June 1, 2027
Direct holdings after grant: 462,573 shares
+5 more
8 metrics
RSU grant size
18,868 RSUs
Annual equity retainer for non-employee director
RSU vesting date
Earlier of next annual meeting or June 1, 2027
Vesting condition subject to continued service
Direct holdings after grant
462,573 shares
Common stock directly held after RSU grant
Spouse indirect holdings
460 shares
Common stock held by spouse
Child indirect holdings
460 shares
Common stock held by child
Irrevocable Trust holdings
401,500 shares
Held by Lindberg Irrevocable Trust
Revocable Trust holdings
1,976,670 shares
Held by The Lindberg Family Revocable Trust
RSU grant price
$0.0000 per share
Compensation grant, not open-market purchase
Key Terms
restricted stock units ("RSUs"), annual equity retainer, non-employee director compensation policy, Lindberg Irrevocable Trust, +1 more
5 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"
non-employee director compensation policy financial
"annual equity retainer under the Issuer's non-employee director compensation policy"
Lindberg Irrevocable Trust financial
"Reflects shares directly held by the Lindberg Irrevocable Trust u/a/d 5/12/17"
The Lindberg Family Revocable Trust financial
"Reflects shares directly held by The Lindberg Family Revocable Trust u/a/d 2/14/2006"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Eric J. Lindberg Jr. receive in this Grocery Outlet (GO) Form 4 filing?
Eric J. Lindberg Jr. received 18,868 restricted stock units (RSUs) of Grocery Outlet common stock. The RSUs represent his annual equity retainer under the company’s non-employee director compensation policy, awarded with a grant date of June 1, 2026 as reported.
When do Eric J. Lindberg Jr.’s new RSUs at Grocery Outlet (GO) vest?
The 18,868 RSUs are scheduled to vest on the earlier of the next annual meeting of stockholders or June 1, 2027. Vesting is conditioned on Lindberg’s continued service as a non-employee director through that vesting date under the company’s policy.
What indirect Grocery Outlet (GO) holdings are reported for Eric J. Lindberg Jr.?
Indirect holdings include 460 shares held by his spouse, 460 shares held by a child, 401,500 shares held by the Lindberg Irrevocable Trust, and 1,976,670 shares held by The Lindberg Family Revocable Trust. Lindberg is identified as a trustee of the two trusts in the footnotes.
Is the Grocery Outlet (GO) RSU grant to Eric J. Lindberg Jr. an open-market purchase?
No. The 18,868 RSUs were granted as compensation, not bought on the open market. The Form 4 lists the transaction code as “A” for a grant, award, or other acquisition, at a reported price per share of $0.0000.
AI-generated analysis. How Rhea-AI works. Not financial advice.
