Form 4: Greif SVP Sells Shares in Pre-Planned Transaction

Greif's SVP, Chief Commercial Officer, Timothy Bergwall, sold 2,000 shares of Class A Common Stock for $64.9826 per share in a pre-scheduled transaction.

Summary

• Timothy Bergwall, SVP, Chief Commercial Officer of Greif, Inc. (GEF, GEF-B), reported a transaction involving Class A Common Stock.
• On December 10, 2025, Mr. Bergwall disposed of 2,000 shares of Class A Common Stock.
• The shares were sold at a price of $64.9826 per share.
• Following this transaction, Mr. Bergwall directly beneficially owns 60,677.55 shares of Class A Common Stock.
• Additionally, Mr. Bergwall indirectly beneficially owns 1,324.82 shares through a 401(k) Plan.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), indicating it was pre-scheduled.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, pre-planned insider sale under a 10b5-1 plan, which typically does not reflect new material information about the company's performance or prospects.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, suggesting it was pre-scheduled and not a reaction to new, non-public negative information about the company.

Negatives

• An insider sale, even if pre-planned, results in a reduction of direct insider ownership in the company.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This insider transaction is a routine disclosure and does not provide specific insights into broader industry trends or competitive landscape for Greif, Inc.

Stakeholder Impact

• Shareholders: A minor reduction in direct insider ownership, but the pre-planned nature of the sale mitigates concerns about its implications for company performance.

Key Dates

Recommendation

The reported transaction is a pre-planned sale by an insider under a Rule 10b5-1 plan. Such transactions are typically for personal financial planning purposes (e.g., diversification, liquidity) and are not usually indicative of a change in the company's fundamental prospects or new material information. Therefore, this single transaction alone does not warrant a change in investment recommendation.

Keywords

Greif, GEF, Insider Sale, Form 4, Timothy Bergwall, Stock Transaction, 10b5-1 Plan, Chief Commercial Officer