Form 4: Greif Inc. EVP and CFO Lawrence A. Hilsheimer Reports Stock Purchases

Lawrence A. Hilsheimer, EVP and CFO of Greif, Inc., reported purchasing shares of Class B Common Stock on March 8, 2024.

Summary

• On March 8, 2024, Lawrence A. Hilsheimer, the EVP and CFO of Greif, Inc., purchased 3,300 shares of Class B Common Stock at a price of $66.5299 per share.
• An additional 543 shares of Class B Common Stock were purchased at a weighted average price of $66.35 per share, with prices ranging from $65.95 to $66.50.
• Following these transactions, Hilsheimer directly owns 136,876 shares of Class B Common Stock and 81,818.3981 shares of Class A Common Stock.
• Hilsheimer also indirectly owns 1,236.3903 shares of Class A Common Stock through a 401(k) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The purchase of shares by an executive is generally viewed as a positive sign, but without additional context, it's difficult to gauge the overall impact.

Positives

• The purchase of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider trading activity is closely monitored by regulators and investors as it can provide insights into the company's performance and future prospects. Form 4 filings are a routine part of this monitoring process.

Stakeholder Impact

• The stock purchase by a key executive could positively influence shareholder sentiment.

Key Dates