Form 4: Greif Inc. Executive Timothy Bergwall Reports Stock Sale
SEC Form 4 Filing
Timothy Bergwall, SVP, President PPS & Soterra at Greif Inc., reported selling 2,000 shares of Class A Common Stock on March 14, 2024.
Summary
- On March 14, 2024, Timothy Bergwall, SVP, President PPS & Soterra at Greif, Inc., sold 2,000 shares of Class A Common Stock.
- The sale price was $63.0504 per share.
- Following the transaction, Bergwall directly owns 62,391.55 shares of Class A Common Stock.
- Bergwall also indirectly owns 1,324.82 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares doesn't necessarily indicate a positive or negative outlook for the company. It's a routine transaction that requires disclosure.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when an officer of a publicly traded company buys or sells the company's stock. It provides transparency to investors regarding insider transactions.
Stakeholder Impact
- The sale of shares by a company executive may have a minor psychological impact on shareholders, but the overall impact is likely to be minimal unless it's part of a larger trend of insider selling.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of stock sale transaction |
| 03/15/2024 | Date of signature on the report |
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