Form 4: Greif Inc. Executive Timothy Bergwall Sells 2,000 Shares of Class A Common Stock
SEC Form 4 Filing
Timothy Bergwall, SVP, President PPS & Soterra at Greif Inc., sold 2,000 shares of Class A Common Stock at $63.90 per share on March 19, 2024.
Summary
- On March 19, 2024, Timothy Bergwall, SVP, President PPS & Soterra of Greif, Inc., sold 2,000 shares of Class A Common Stock.
- The sale price was $63.90 per share.
- Following the transaction, Bergwall directly owns 60,391.55 shares of Class A Common Stock.
- Bergwall also indirectly owns 1,324.82 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares.
Industry Context
Form 4 filings are a routine part of the US market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 03/19/2024 | Date of transaction: Timothy Bergwall sold 2,000 shares of Class A Common Stock. |
| 03/21/2024 | Date of signature on the Form 4 filing. |
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