Grocery Outlet (GO) director Mary Kay Haben receives 18,868 deferred stock units
Rhea-AI Filing Summary
HABEN MARY KAY reported acquisition or exercise transactions in this Form 4 filing.
Grocery Outlet Holding Corp. director receives equity award. Director Mary Kay Haben was granted 18,868 deferred stock units (DSUs) on Common Stock as a non-cash equity retainer. These DSUs are scheduled to vest on the earlier of the next annual stockholder meeting or June 1, 2027, subject to continued board service. Following this grant, she holds 52,235 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 18,868 shares
Net Buy
1 txn
Insider
HABEN MARY KAY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,868 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 52,235 shares (Direct)
Footnotes (1)
- F1. Represents 18,868 deferred stock units ("DSUs") 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, and, if vested, will be settled in shares of Common Stock upon the reporting person's termination of service from the board of directors.. The DSUs represent the annual equity retainer under the Issuer's non-employee director compensation policy.
Key Figures
DSU grant size: 18,868 DSUs
Post-transaction holdings: 52,235 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
DSU grant size
18,868 DSUs
Annual equity retainer for non-employee director
Post-transaction holdings
52,235 shares
Common Stock held directly after grant
Grant price per share
$0.0000 per share
Non-cash director equity award
Scheduled latest vesting date
June 1, 2027
DSUs vest by this date or earlier annual meeting
Key Terms
deferred stock units ("DSUs"), annual equity retainer, non-employee director compensation policy, vest
4 terms
deferred stock units ("DSUs") financial
"Represents 18,868 deferred stock units ("DSUs") granted to the reporting person"
annual equity retainer financial
"The DSUs represent the annual equity retainer under the Issuer's non-employee director compensation policy"
non-employee director compensation policy financial
"The DSUs represent the annual equity retainer under the Issuer's non-employee director compensation policy"
vest financial
"which are scheduled to vest on the earlier of (i) the date of the next annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Grocery Outlet (GO) director Mary Kay Haben report on this Form 4?
Director Mary Kay Haben reported receiving 18,868 deferred stock units (DSUs) tied to Common Stock as an equity grant. The award was made at no cash cost and reflects her annual non-employee director compensation in stock-based form.
When do Mary Kay Haben’s 18,868 DSUs for Grocery Outlet (GO) vest?
The 18,868 deferred stock units are scheduled to vest on the earlier of the next annual stockholders’ meeting or June 1, 2027. Vesting is conditioned on her continued service on Grocery Outlet’s board through that vesting date.
How will Mary Kay Haben’s Grocery Outlet (GO) DSUs be settled?
If the deferred stock units vest, they will be settled in shares of Grocery Outlet Common Stock. Settlement is scheduled to occur upon Mary Kay Haben’s termination of service from the board of directors, according to the Form 4 footnote.
What is the purpose of the DSU grant reported by Grocery Outlet (GO)?
The 18,868 DSUs represent the annual equity retainer under Grocery Outlet’s non-employee director compensation policy. Instead of cash, directors receive stock-based compensation to align their interests with stockholders over time.