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

Lawrence A. Hilsheimer, EVP and CFO of Greif, Inc., reports multiple transactions involving Class A and Class B common stock.

Summary

• Lawrence A. Hilsheimer, the EVP and CFO of Greif, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 5, 2024, Hilsheimer purchased 8,000 shares of Class B Common Stock at a weighted average price of $64.47 per share.
• On March 11, 2024, he purchased 8,559 shares of Class B Common Stock at a weighted average price of $67.37 per share and an additional 5,641 shares of Class B Common Stock at a weighted average price of $67.94 per share.
• On March 12, 2024, Hilsheimer sold 2,700 shares of Class A Common Stock at $64.2728 per share and purchased 2,525 shares of Class B Common Stock at $67.3214 per share.
• Following these transactions, Hilsheimer directly owns 159,076 shares of Class B Common Stock and 79,118.3981 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The reported transactions may influence investor sentiment regarding Greif, Inc.'s stock.

Key Dates