Form 4: Greif Inc. Executive VP Gary R. Martz Reports Stock Transactions
SEC Form 4 Filing
Executive VP & General Counsel of Greif, Inc., Gary R. Martz, reports the sale of Class A Common Stock and acquisition of Class B Common Stock.
Summary
- Gary R. Martz, Executive VP & General Counsel of Greif, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On April 1, 2024, Martz sold 45,000 shares of Class A Common Stock at a price of $68.4597 per share.
- Following this transaction, Martz beneficially owns 77,231.3981 shares of Class A Common Stock.
- On April 2, 2024, Martz acquired 1,925 shares of Class B Common Stock at $68.8648 per share.
- On April 3, 2024, Martz acquired 2,993 shares of Class B Common Stock at $69.0372 per share.
- Following these transactions, Martz beneficially owns 13,018 shares of Class B Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking to understand management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may interpret the transactions as a signal of the executive's confidence (or lack thereof) in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Martz sold 45,000 shares of Class A Common Stock at $68.4597 per share. |
| 04/02/2024 | Martz acquired 1,925 shares of Class B Common Stock at $68.8648 per share. |
| 04/03/2024 | Martz acquired 2,993 shares of Class B Common Stock at $69.0372 per share. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.