Form 4: Greif EVP & General Counsel Reports Sale of 29,000 Class A Shares Under 10b5-1 Plan

Greif, Inc.'s Executive Vice President and General Counsel, Gary R. Martz, reported the sale of 29,000 shares of Class A Common Stock for $68.9 per share, effective July 8, 2025, as part of a pre-planned Rule 10b5-1 transaction.

Summary

• Gary R. Martz, Executive Vice President and General Counsel of Greif, Inc. (GEF, GEF-B), reported a transaction involving the company's securities.
• The transaction was a sale of 29,000 shares of Class A Common Stock.
• The sale occurred at a price of $68.9 per share.
• The transaction date is listed as July 8, 2025.
• Following this transaction, Martz beneficially owns 68,186.454 shares of Class A Common Stock and 23,100 shares of Class B Common Stock.
• The reported Class A Common Stock holdings include 273.2591 shares acquired under the Greif, Inc. Colleague Stock Purchase Plan.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The transaction is a pre-planned sale by an executive, which is a routine event for insider compensation and liquidity management, rather than a signal of new negative information. This makes the sentiment neutral.

Positives

• The transaction was executed pursuant to a Rule 10b5-1(c) plan, indicating a pre-scheduled sale rather than a discretionary sale based on new, non-public information.
• The reporting person retains a significant beneficial ownership of 68,186.454 Class A shares and 23,100 Class B shares after the transaction.

Negatives

• The sale by an executive reduces their direct equity stake in the company.

Future Outlook

No forward-looking statements or guidance are provided in this insider transaction report.

Industry Context

This Form 4 filing reports an individual executive's stock transaction and does not provide broader industry context or trends.

Related Party Transactions

• The reported Class A Common Stock holdings include 273.2591 shares acquired under the Greif, Inc. Colleague Stock Purchase Plan, which is an employee benefit program.

Stakeholder Impact

• Shareholders: The sale reduces the direct equity stake of a key executive, but being a pre-planned 10b5-1 transaction, it is less likely to signal a negative outlook on the company's future performance.
• Employees: The mention of the Colleague Stock Purchase Plan highlights an existing employee benefit program.

Key Dates

Recommendation

Keywords

Greif, GEF, GEF-B, insider trading, Form 4, SEC filing, stock sale, executive compensation, Gary R. Martz, Class A Common Stock, Class B Common Stock, Rule 10b5-1