Form 4: Greif Inc. Director Emkes Receives Restricted Stock Award
SEC Form 4 Filing
Director Mark A. Emkes receives a restricted stock award from Greif, Inc.
Summary
- On February 26, 2024, Mark A. Emkes, a director of Greif, Inc., acquired 2,247 shares of Class A Common Stock.
- The acquisition was a restricted stock award with a value of $0 at the time of the transaction.
- Following the transaction, Emkes beneficially owns 38,589 shares of Class A Common Stock directly.
- The shares are subject to restrictions until February 26, 2027, or Emkes' termination from the board.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of a stock award.
Positives
- The grant of restricted stock aligns the director's interests with those of the shareholders, incentivizing long-term value creation.
Future Outlook
Not applicable, as the document primarily reports a transaction.
Industry Context
This is a standard disclosure related to executive compensation and is common across publicly traded companies.
Stakeholder Impact
- The stock award aligns the director's interests with shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of the restricted stock award transaction. |
| 02/26/2027 | Date the restricted stock award vests, or earlier upon termination. |
| 02/28/2024 | Date of signature on the Form 4 filing. |
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