Form 4: Greif SVP Acquires Shares, Exercises RSUs

Greif's SVP Chief Information & Digital Officer, Vivian Bouet, reported multiple transactions including the acquisition of Class A Common Stock and the exercise of Restricted Stock Units.

Summary

• Vivian Bouet, SVP Chief Information & Digital Officer of Greif, Inc., reported transactions on January 14, 2026.
• Acquired 2,287 shares of Class A Common Stock through the exercise of Restricted Stock Units (RSUs) at a price of $0.
• Disposed of 679 shares of Class A Common Stock to cover tax liabilities related to the RSU exercise.
• Acquired 7,232 Performance Shares under the Company's Long Term Incentive Plan at a price of $0, subject to a one-year transfer restriction.
• Disposed of 1,761 shares of Class A Common Stock to cover tax liabilities related to the Performance Share award.
• Acquired 387.2675 shares of Class A Common Stock under the Greif, Inc. Colleague Stock Purchase Plan.
• Following these transactions, Bouet beneficially owns 7,870.4632 shares of Class A Common Stock directly.
• Also beneficially owns 11,742 Restricted Stock Units.

Sentiment

Score: 7

Explanation: The filing reports routine executive compensation events, including the vesting of restricted stock units and the award of performance shares, indicating ongoing executive incentive alignment. The associated share disposals are for tax purposes and are standard practice.

Positives

• Acquisition of 2,287 Class A Common Stock shares from RSU exercise, indicating vesting and value realization.
• Award of 7,232 Performance Shares under the Long Term Incentive Plan, aligning management interests with shareholder value.
• Acquisition of 387.2675 shares through the Colleague Stock Purchase Plan, showing continued investment by an executive.

Negatives

• Disposal of 679 shares and 1,761 shares of Class A Common Stock to satisfy tax withholding obligations, which reduces direct ownership.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Acquisition of 2,287 Class A Common Stock shares from the exercise of Restricted Stock Units, a form of executive compensation.
• Award of 7,232 Performance Shares under the Long Term Incentive Plan, a component of executive compensation.
• Acquisition of 387.2675 shares under the Greif, Inc. Colleague Stock Purchase Plan.
• Disposal of 679 shares and 1,761 shares of Class A Common Stock to cover tax liabilities related to compensation awards.

Stakeholder Impact

• Shareholders: The executive's increased beneficial ownership (post-tax) aligns management interests with shareholder value. These are routine compensation events.
• Employees: The filing reflects the company's ongoing executive compensation structure, which may influence broader compensation strategies.

Next Steps

• The 7,232 Performance Shares awarded are subject to a one-year restriction on transfer.
• Each restricted stock unit represents a contingent right to receive one share of Class A common stock on the third anniversary of the grant date.

Key Dates

Recommendation

This Form 4 details routine executive compensation events, including the vesting of restricted stock units and the award of performance shares, along with associated tax-related share disposals. While these transactions increase the executive's beneficial ownership, they are standard and do not provide new fundamental information to warrant a change in investment recommendation based solely on this filing.

Keywords

Greif, GEF, Form 4, Insider Transaction, Stock Acquisition, Restricted Stock Units, Performance Shares, Executive Compensation