Form 4: Greif Inc. CEO Ole G. Rosgaard Reports Stock Transactions
SEC Form 4 Filing
Greif Inc.'s CEO, Ole G. Rosgaard, reported the sale and purchase of Class A and Class B common stock on March 8 and March 11, 2024.
Summary
- On March 8, 2024, Ole G. Rosgaard, the President and CEO of Greif, Inc., sold 4,990 shares of Class A Common Stock at a weighted average price of $64.80 per share.
- The sale prices ranged from $64.78 to $64.86 per share.
- On the same day, Rosgaard purchased 4,705 shares of Class B Common Stock at a weighted average price of $67.00 per share, with prices ranging from $66.54 to $67.45.
- On March 11, 2024, Rosgaard purchased 209.11 shares of Class B Common Stock at $66.95.
- Following these transactions, Rosgaard directly owns 77,732.3981 shares of Class A Common Stock and 4,914.11 shares of Class B Common Stock.
- Additionally, he indirectly owns 3,646.98 shares of Class A Common Stock through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. The buying and selling activity could be for a variety of personal financial reasons and doesn't necessarily indicate a positive or negative outlook on the company.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the trading activities of company executives. It's common for executives to periodically buy or sell shares of their company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, depending on how investors interpret the CEO's trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | CEO sold 4,990 shares of Class A Common Stock and purchased 4,705 shares of Class B Common Stock. |
| 03/11/2024 | CEO purchased 209.11 shares of Class B Common Stock. |
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