Form 4: Greif EVP Sells 5,000 Class A Shares Under 10b5-1 Plan

Greif's EVP & General Counsel, Gary R. Martz, reported the sale of 5,000 shares of Class A Common Stock for $60.475 per share, executed under a Rule 10b5-1 plan.

Summary

• Gary R. Martz, Executive Vice President and General Counsel of Greif, Inc., reported a transaction involving the company's securities.
• On November 12, 2025, Mr. Martz disposed of 5,000 shares of Greif, Inc. Class A Common Stock.
• The shares were sold at a price of $60.475 per share.
• This transaction was made pursuant to a contract, instruction, or written plan for the sale of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Following this transaction, Mr. Martz directly beneficially owns 63,186.454 shares of Class A Common Stock and 23,100 shares of Class B Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While an insider sale could be perceived negatively, the explicit mention of a Rule 10b5-1 plan mitigates concerns, indicating a pre-scheduled personal financial event rather than a reaction to new company-specific information.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-scheduled sale rather than a reaction to recent events, which can reduce concerns about insider sentiment.

Negatives

• An executive's sale of shares, even if pre-planned, reduces their direct equity stake in the company.

Future Outlook

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

Industry Context

This Form 4 filing reports a routine insider transaction and does not provide information directly related to broader industry trends or competitive landscape. Insider sales are common and often part of personal financial planning.

Stakeholder Impact

• Shareholders may note the reduction in direct ownership by a key executive, though the 10b5-1 plan suggests it's a planned event.

Key Dates

Recommendation

A single insider sale, particularly one executed under a pre-arranged 10b5-1 plan, is generally not a strong enough signal on its own to warrant a change in investment recommendation. Investors should consider this transaction in the broader context of the company's financial performance, strategic initiatives, and overall market conditions. The transaction appears to be part of routine personal financial management rather than a reflection of a significant change in the company's prospects.

Keywords

Greif, GEF, Insider Transaction, Form 4, Stock Sale, Executive Compensation, 10b5-1 Plan