Form 4: Greif VP Controller Boosts Stock Holdings

Greif's VP, Corporate Controller, Michael Joseph Taylor, increased his direct beneficial ownership of Class A Common Stock through performance share awards and RSU conversions, partially offset by tax-related dispositions.

Summary

• Michael Joseph Taylor, VP, Corporate Controller of Greif, Inc., reported transactions on January 14, 2026.
• Acquired 516 shares of Class A Common Stock upon the conversion of Restricted Stock Units (RSUs).
• Acquired an additional 1,633 shares of Class A Common Stock as Performance Shares under the company's Long Term Incentive Plan. These shares were awarded without consideration and are subject to a one-year transfer restriction.
• Disposed of a total of 714 shares (172 + 542) of Class A Common Stock to cover tax withholding obligations related to the stock acquisitions.
• Following these transactions, Taylor directly beneficially owns 3,198 shares of Class A Common Stock.
• He also directly beneficially owns 2,076 Restricted Stock Units, each representing a contingent right to receive one share of Class A common stock on the third anniversary of the grant date.

Sentiment

Score: 7

Explanation: The filing reports routine insider transactions involving the acquisition of shares through compensation plans, partially offset by tax-related dispositions. This indicates continued executive alignment with shareholder interests and the vesting of performance-based awards, which is generally positive but not extraordinary.

Positives

• Increased direct beneficial ownership of Class A Common Stock by 1,947 shares (516 + 1,633 714) for a key executive, aligning interests with shareholders.
• The acquisition of 1,633 Class A Common Stock shares represents a performance-based award under the company's Long Term Incentive Plan, indicating achievement of performance metrics.
• Conversion of 516 Restricted Stock Units into Class A Common Stock demonstrates vesting and realization of prior compensation awards.

Negatives

• Disposition of 714 shares of Class A Common Stock for tax withholding purposes, which is a common practice but reduces the net increase in direct ownership.

Risks

• The 1,633 Performance Shares are subject to a one-year restriction on transfer, limiting immediate liquidity for the reporting person.
• Restricted Stock Units represent a contingent right to receive shares, meaning the actual receipt is dependent on continued employment and/or other vesting conditions.

Future Outlook

The Restricted Stock Units held by the reporting person represent a contingent right to receive one share of Class A common stock on the third anniversary of their grant date, indicating future potential stock issuance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, reflecting executive compensation practices common across publicly traded companies, where performance-based awards and restricted stock units are used to incentivize and retain key management personnel.

Stakeholder Impact

• Shareholders: Increased direct ownership by a key executive may signal confidence and better alignment of management's interests with shareholder value creation.
• Employees (specifically the reporting person): The transactions reflect the realization of compensation and incentive plans, impacting the executive's personal wealth and long-term incentives.

Key Dates

Keywords

Greif, GEF, Form 4, insider trading, stock ownership, executive compensation, performance shares, restricted stock units