Grocery Outlet (NASDAQ: GO) EVP sells 1,432 shares for tax withholding
Rhea-AI Filing Summary
Grocery Outlet Holding Corp. (GO) reported an insider transaction by EVP, Chief Store Operations Officer Frank Michael Kerr. On 2026-08-21, Kerr reported the sale of 1,432 shares of common stock at $11.30 per share. According to the footnote, these shares were sold to satisfy Kerr’s tax withholding obligation upon vesting of previously granted RSUs. After this transaction, Kerr directly holds 54,342 shares of Grocery Outlet common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,432 shares
Net Sell
1 txn
Insider
Kerr Frank Michael
Role
See Remarks
Sold
1,432 shs ($16K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,432 | $11.30 | $16K |
Holdings After Transaction:
Common Stock — 54,342 shares (Direct)
Footnotes (1)
- F1. These shares were sold to satisfy the reporting person's tax withholding obligation upon vesting of RSUs previously granted.
Key Figures
Shares sold: 1,432 shares of Common Stock
Sale price per share: $11.30 per share
Shares held after transaction: 54,342 shares of Common Stock
+1 more
4 metrics
Shares sold
1,432 shares of Common Stock
Sale reported on 2026-08-21 by Frank Michael Kerr
Sale price per share
$11.30 per share
Price for 1,432 shares of Common Stock sold on 2026-08-21
Shares held after transaction
54,342 shares of Common Stock
Direct ownership by Frank Michael Kerr following the sale
Net shares sold (Form 4 summary)
1,432 shares
transactionSummary netSellShares for this filing
Key Terms
Restricted Stock Units, tax withholding obligation, Common Stock
3 terms
Restricted Stock Units financial
"upon vesting of RSUs previously granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"sold to satisfy the reporting person's tax withholding obligation"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did GO report for Frank Michael Kerr?
Grocery Outlet Holding Corp. reported that EVP, Chief Store Operations Officer Frank Michael Kerr sold 1,432 shares of common stock on 2026-08-21 at $11.30 per share, with the sale used to cover tax withholding on vested RSUs.
Was Frank Michael Kerr’s GO trade under a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, so this transaction was not reported as being made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.