Form 4: Greif Inc. Director Acquires Phantom Stock Units

Director Karen Morrison acquired 500.19 phantom stock units of Greif, Inc. on May 1, 2025, convertible to cash upon termination from the board.

Summary

• On May 1, 2025, Karen Morrison, a director of Greif, Inc., acquired 500.19 phantom stock units.
• These phantom stock units are the economic equivalent of Class A Common Stock of Greif, Inc.
• The price of the transaction was $52.48 per share.
• Following the transaction, Morrison directly owns 1,136.43 shares of Class A Common Stock.
• The phantom shares will be settled in cash upon Morrison's termination from the Board due to retirement, death, or other reasons.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to insider transactions, indicating a neutral sentiment.

Future Outlook

The phantom shares are to be settled in cash upon the Reporting Person's termination from the Board due to her retirement, death or other reason.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. This filing indicates a director's acquisition of phantom stock units, which are a form of deferred compensation.

Key Dates

Keywords

Form 4, Greif, Inc., Director, Phantom Stock Units, Beneficial Ownership, GEF, GEF-B