Form 4: Greif Inc. Executive Anthony Krabill Reports Stock Transactions
SEC Form 4 Filing
Greif Inc.'s VP, Corporate Treasurer, Anthony Krabill, reported multiple transactions involving Class A and Class B common stock, including the vesting of restricted stock units and performance shares.
Summary
- Anthony Krabill, VP, Corporate Treasurer at Greif Inc., reported several transactions on January 16, 2025.
- These transactions included the vesting of 241 restricted stock units, which converted into 241 shares of Class A common stock.
- Additionally, 541 performance shares were awarded, also converting to Class A common stock.
- Some shares were also disposed of to cover tax obligations, with 80 shares and 180 shares of Class A common stock being sold.
- Following these transactions, Mr. Krabill directly owns 1,038 shares of Class A common stock and 1,651.087 shares of Class B common stock.
- He also holds 2,081 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing stock transactions by an executive, which is neither positive nor negative in itself.
Industry Context
This is a routine filing related to executive compensation and stock ownership, which is common for publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, as required by the SEC.
- The transactions reported are typical for executive compensation packages, which often include restricted stock units and performance-based shares.
- Similar filings can be seen across the market for executives at comparable companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect changes in executive ownership.
- The transactions are part of the executive compensation plan and do not have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 01/16/2025 | Date of the reported stock transactions. |
| 01/21/2025 | Date the Form 4 was signed. |
Keywords
Greif Inc, stock transactions, Form 4, insider trading, restricted stock units, performance shares, Class A common stock, Class B common stock, Anthony Krabill
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