Form 4: Greif Inc. Director Karen Morrison Reports Acquisition of Phantom Stock Units

Director Karen Morrison reports the acquisition of phantom stock units in Greif, Inc., convertible to cash upon termination of board service.

Summary

• On April 1, 2025, Karen Morrison, a director of Greif, Inc., acquired phantom stock units representing 6.19 shares of Class A Common Stock.
• These phantom shares will be settled in cash upon her termination from the Board due to retirement, death, or other reasons.
• Following the transaction, Ms. Morrison directly disposed of 636.24 shares of Class A Common Stock at $54.99.
• The reporting person's signature was provided by L. Dennis Hoffman, Jr. pursuant to a power of attorney filed with the Commission.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Future Outlook

The phantom stock units will 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 practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of phantom stock units aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Form 4, Greif, Inc., Director, Phantom Stock Units, Beneficial Ownership, Karen Morrison