Form 4: Greif SVP, Chief Operations Officer Sells Shares for Residence Purchase Under 10b5-1 Plan

Kimberly Anne Kellermann, SVP and Chief Operations Officer of Greif, Inc., sold a total of 9,180 shares of Class A Common Stock on July 1, 2025, to fund the purchase of a new residence.

Summary

• Kimberly Anne Kellermann, the Senior Vice President and Chief Operations Officer of Greif, Inc. (GEF, GEF-B), executed multiple sales of Class A Common Stock.
• The transactions occurred on July 1, 2025, and were conducted pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
• A total of 9,180 shares of Class A Common Stock were disposed of across five separate transactions.
• The shares were sold at weighted average prices ranging from $65.38 to $69.46 per share.
• Specifically, 800 shares were sold at $65.38, 2,319 shares at $66.67, 1,422 shares at $67.61, 3,282 shares at $68.90, and 1,177 shares at $69.46.
• The stated reason for the sale was to use the net proceeds for the purchase of a new residence.
• Following these transactions, Kimberly Anne Kellermann directly beneficially owns 3,548 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The filing reports a pre-planned insider stock sale for personal reasons (residence purchase), which is a neutral event for the company's operational performance or financial health.

Positives

• The transactions were executed pursuant to a Rule 10b5-1(c) plan, indicating pre-planned sales and enhancing transparency regarding insider trading compliance.

Negatives

• SVP, Chief Operations Officer Kimberly Anne Kellermann sold a significant number of shares (9,180 shares) of Class A Common Stock.

Risks

• No specific risks are detailed in this Form 4 filing.

Future Outlook

N/A

Management Comments

• The reporting person used the net proceeds from the sale of these shares for the purchase of a new residence.

Industry Context

N/A

Corporate Governance

Stakeholder Impact

• Shareholders: The sale by a key executive for personal reasons, especially when conducted under a Rule 10b5-1 plan, is generally viewed as a routine personal financial decision rather than an indicator of company performance or management confidence. The impact on shareholder sentiment is likely minimal.

Next Steps

• No specific future actions, events, or milestones are mentioned in this filing.

Key Dates

Keywords

Greif, GEF, GEF-B, insider trading, Form 4, stock sale, executive compensation, Kimberly Anne Kellermann, Rule 10b5-1