Form 4: Greif Inc. Director Kimberly Thompson Scott Receives Restricted Stock Award
SEC Form 4 Filing
Director Kimberly Thompson Scott received a restricted stock award of 2,668 shares of Class A Common Stock from Greif, Inc. on February 24, 2025.
Summary
- On February 24, 2025, Kimberly Thompson Scott, a director of Greif, Inc., was granted a restricted stock award.
- The award consisted of 2,668 shares of Class A Common Stock.
- Following the transaction, Scott directly owns 9,400 shares of Greif, Inc. Class A Common Stock.
- The restricted shares are subject to restrictions until February 24, 2028, or the director's earlier termination from the board.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (stock award to a director), which is generally viewed neutrally to positively as it aligns director interests with shareholders. There are no indications of negative sentiment.
Positives
- The restricted stock award aligns the director's interests with the long-term performance of the company.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This is a standard SEC Form 4 filing, reflecting a common practice of granting stock awards to directors as part of their compensation package. This aligns director incentives with shareholder value.
Stakeholder Impact
- The stock award aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of the restricted stock award transaction. |
| 02/24/2028 | Date the restrictions on the stock award lapse, or earlier termination of board service. |
| 02/26/2025 | Date of signature on the Form 4 filing. |
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