Form 4: Greif CEO Rosgaard Reports Significant Stock Activity

Greif, Inc.'s President and CEO, Ole G. Rosgaard, reported multiple transactions involving Class A common stock and restricted stock units, including the acquisition of performance shares.

Summary

• Ole G. Rosgaard, President and CEO of Greif, Inc., reported several transactions on January 14, 2026.
• Acquired 18,225 shares of Class A Common Stock through the exercise/conversion of derivative securities at a price of $0.
• Disposed of 5,812 shares of Class A Common Stock for tax liability purposes at a price of $0.
• Awarded 89,649 Performance Shares of Class A Common Stock under the Company's Long Term Incentive Plan, with no consideration paid and a one-year transfer restriction.
• Disposed of 38,415 shares of Class A Common Stock for tax liability purposes at a price of $0.
• Following these transactions, direct beneficial ownership of Class A Common Stock is 128,354.3517 shares.
• Also reported beneficial ownership of 4,914.11 shares of Class B Common Stock.
• Exercised 18,225 Restricted Stock Units, which represent a contingent right to receive one share of Class A common stock on the third anniversary of the grant date.
• Beneficial ownership of derivative Restricted Stock Units is 82,463.

Sentiment

Score: 7

Explanation: The filing indicates routine executive compensation activity, including the vesting of performance shares and restricted stock units, which is generally positive as it aligns management incentives. The disposals are for tax purposes, which is standard practice. No significant negative implications.

Positives

• Acquisition of 89,649 Class A Performance Shares indicates achievement of performance targets and aligns management's interests with shareholders.
• Exercise of 18,225 Restricted Stock Units and subsequent acquisition of Class A Common Stock demonstrates conversion of long-term incentives into equity.

Negatives

• Disposal of 5,812 and 38,415 Class A Common Stock shares for tax liability purposes represents a reduction in direct beneficial ownership, though common for equity awards.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Increased alignment of CEO's interests with shareholders through equity awards, though some shares were sold for tax purposes.

Key Dates

Recommendation

The filing details routine insider transactions related to executive compensation, including the vesting of performance shares and restricted stock units, and subsequent sales to cover tax liabilities. These transactions do not indicate a change in the company's fundamental outlook or a significant shift in insider sentiment that would warrant a 'buy' or 'sell' recommendation based solely on this filing. It's an expected part of executive compensation plans.

Keywords

Greif Inc, GEF, Insider Trading, Form 4, Stock Transactions, CEO Stock, Performance Shares, Restricted Stock Units, Executive Compensation, Beneficial Ownership