Form 4: Greif EVP Bala Sathyanarayanan Reports Mixed Stock Trades

Greif's EVP, Chief Human Resources Officer, Bala Sathyanarayanan, reported recent transactions involving both Class A and Class B common stock under a 10b5-1 plan.

Summary

• Bala Sathyanarayanan, EVP, Chief Human Resources Officer of Greif, Inc. (GEF, GEF-B), reported multiple transactions in the company's securities.
• On February 3, 2026, 2,499 shares of Class A Common Stock were disposed of at a price of $72.29 per share.
• Also on February 3, 2026, 100 shares of Class B Common Stock were acquired at a price of $87.69 per share.
• On February 4, 2026, two separate acquisitions of Class B Common Stock occurred: 100 shares at $89.97 per share and another 100 shares at $88.48 per share.
• On February 5, 2026, 10,838 shares of Class A Common Stock were disposed of at a price of $74.90 per share.
• Following these reported transactions, beneficial ownership stands at 47,645.3424 shares of Class A Common Stock and 4,919 shares of Class B Common Stock.
• All transactions were made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While there is significant selling of Class A shares, the concurrent purchases of Class B shares, all under a 10b5-1 plan, suggest a pre-planned portfolio adjustment rather than a strong directional signal of management's sentiment.

Positives

• The EVP, Chief Human Resources Officer, acquired a total of 300 shares of Class B Common Stock across three separate transactions, which could be interpreted as a positive signal for this class of shares.

Negatives

• The EVP, Chief Human Resources Officer, disposed of a total of 13,337 shares of Class A Common Stock across two transactions.

Risks

• Insider selling, even when conducted under a pre-arranged 10b5-1 plan, can sometimes be perceived by the market as a lack of confidence or a move to diversify, potentially leading to negative sentiment or downward pressure on the stock price.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those by high-level executives, are closely monitored by investors as they can provide insights into management's perception of the company's value and future prospects. While these transactions were conducted under a 10b5-1 plan, the mixed activity of selling Class A and buying Class B shares warrants attention.

Corporate Governance

Stakeholder Impact

• Shareholders may interpret the mixed transactions (selling Class A, buying Class B) with varying perspectives regarding management's outlook on the company's different share classes or overall valuation. The net effect on sentiment could be mixed.

Key Dates

Keywords

GREIF, GEF, GEF-B, insider trading, Form 4, stock transaction, executive compensation, beneficial ownership, Rule 10b5-1