Form 4: Greif Inc. Director Emkes Receives Restricted Stock Award

Director Mark A. Emkes of Greif, Inc. was granted 2,668 shares of Class A Common Stock as a restricted stock award on February 24, 2025.

Summary

• Mark A. Emkes, a director at Greif, Inc., received a restricted stock award of 2,668 shares of Class A Common Stock on February 24, 2025.
• The shares were awarded under the Issuer's outside directors' equity award plan.
• The shares are subject to restrictions until February 24, 2028, or the Reporting Person's termination from the board due to retirement, death, or other reason.
• Following the transaction, Emkes beneficially owns 41,257 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a standard director compensation practice, indicating stability and alignment of interests. It's a neutral positive.

Positives

• The restricted stock award aligns the director's interests with the long-term performance of the company.

Industry Context

This type of equity compensation is common for outside directors to align their interests with shareholders.

Comparison to Industry Standards

• Granting restricted stock to outside directors is a common practice among publicly traded companies to incentivize board members and align their interests with shareholders.
• The vesting period of three years is also fairly standard.
• Comparing the size of the grant to other companies in the packaging industry would require further research into their director compensation policies.

Stakeholder Impact

• Shareholders may view the stock award positively as it aligns the director's interests with the company's long-term success.
• The award has a negligible impact on employees, customers, suppliers, and creditors.

Key Dates