Form 4: Greif Inc. Executive Vivian Bouet Reports Acquisition of Restricted Stock Units

Vivian Bouet, SVP and Chief Information & Digital Officer at Greif Inc., acquired 3,947 restricted stock units, each representing a contingent right to receive one share of Class A common stock.

Summary

• Vivian Bouet, a Senior Vice President and Chief Information & Digital Officer at Greif Inc., reported a transaction on December 13, 2024.
• The transaction involved the acquisition of 3,947 restricted stock units.
• Each restricted stock unit represents a contingent right to receive one share of Class A common stock.
• The units will vest on the third anniversary of the grant date.
• Following this transaction, Ms. Bouet directly owns 9,343 restricted stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of stock units being granted to an executive, which is generally a positive sign of alignment between management and shareholders. It is not a major event, but it is a positive indicator.

Positives

• The acquisition of restricted stock units by a key executive signals confidence in the company's future performance.
• The vesting period of three years aligns executive interests with long-term shareholder value.

Industry Context

This is a standard SEC Form 4 filing, which is common for publicly traded companies when executives acquire or dispose of company securities. It is a routine part of corporate governance and transparency.

Comparison to Industry Standards

• The granting of restricted stock units is a common practice among publicly traded companies to incentivize and retain key executives.
• The vesting period of three years is also a typical timeframe for such grants, aligning with long-term performance goals.
• Similar filings can be seen across various companies such as Ball Corporation (BLL) and Crown Holdings (CCK) where executives receive stock-based compensation.

Stakeholder Impact

• The acquisition of restricted stock units by an executive can be seen positively by shareholders as it aligns management's interests with the company's long-term success.
• Employees may view this as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

restricted stock units, insider trading, executive compensation, beneficial ownership, Greif Inc., GEF, GEF-B