GO EVP Wilson sells 20,000 shares; retains 146,923 shares
Rhea-AI Filing Summary
Steven K. Wilson, EVP and Chief Purchasing Officer of Grocery Outlet Holding Corp. (GO), reported a sale of 20,000 shares of the issuer's common stock on 08/08/2025. The filing shows the shares were sold at a weighted average price of $19.20, with the footnote stating the sale occurred in multiple transactions at prices ranging from $19.19 to $19.24.
Following the reported transactions, Mr. Wilson is shown as directly beneficially owning 146,923 shares. The footnote further states the reporting person will provide, upon request, details about the number of shares sold at each price within the stated range.
Positive
- Transparent disclosure of the sale with a footnote offering to provide transaction-level detail on request
- Continued significant ownership: reporting person still directly owns 146,923 shares after the sale
Negative
- Insider sale of 20,000 shares, which could be viewed unfavorably by some investors
- No context in the filing about the proportion of total outstanding shares or rationale for the sale
Insights
TL;DR Officer sold 20,000 GO shares at a weighted average of $19.20, leaving 146,923 shares beneficially owned; disclosure is routine.
The filing reports a direct disposition of 20,000 common shares by Steven K. Wilson executed on 08/08/2025 at a weighted average price of $19.20. The footnote clarifies the sale occurred in multiple transactions at prices between $19.19 and $19.24. After the sale Mr. Wilson retains 146,923 directly owned shares. The disclosure is specific about quantities and price ranges but does not include broader context such as percentage ownership of outstanding stock or rationale for the sale.
TL;DR Insider sale properly reported under Section 16; continued direct ownership remains meaningful at 146,923 shares.
The Form 4 documents an insider sale by an executive officer, with a clear footnote offering additional transaction-level detail upon request. The filing shows compliance with reporting requirements and transparency about the weighted average price and price range. The report does not provide information about any trading plan or the percentage of total company equity represented by the holdings, so materiality relative to total shares outstanding cannot be assessed from this filing alone.