Form 4: Greif Inc. Executive Receives Restricted Stock Units

Bala Sathyanarayanan, EVP and Chief Human Resources Officer at Greif Inc., was granted 5,754 restricted stock units on December 13, 2024.

Summary

• Bala Sathyanarayanan, an executive at Greif Inc., received 5,754 restricted stock units on December 13, 2024.
• These restricted stock units will convert to shares of Class A common stock on the third anniversary of the grant date.
• Following this transaction, Mr. Sathyanarayanan directly owns 20,066 restricted stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine executive compensation practice, which is generally viewed positively as it aligns management with shareholder interests. There are no negative implications or surprises.

Positives

• The grant of restricted stock units aligns the executive's interests with those of the shareholders.
• The vesting period of three years encourages long-term commitment from the executive.

Industry Context

This is a standard practice for executive compensation in publicly traded companies, aligning management's interests with shareholder value through equity-based incentives.

Comparison to Industry Standards

• Granting restricted stock units is a common practice among publicly traded companies to incentivize and retain key executives.
• Companies like International Paper, WestRock, and Packaging Corporation of America also use similar equity-based compensation strategies for their executives.
• The vesting period of three years is also typical in the industry, encouraging long-term performance and commitment.

Stakeholder Impact

• Shareholders may view this as a positive sign of aligning executive interests with company performance.
• Employees may see this as a standard practice for executive compensation.

Key Dates

Keywords

restricted stock units, executive compensation, stock grant, Greif Inc., insider trading, Form 4