Form 4: Director Jeffrey York Receives Grocery Outlet Equity Grant
Statement of Changes in Beneficial Ownership
Director Jeffrey York was granted 18,868 restricted stock units as part of the annual non-employee director compensation policy.
Summary
- Director Jeffrey York received a grant of 18,868 restricted stock units (RSUs) on June 1, 2026.
- The RSUs are scheduled to vest on the earlier of the next annual meeting of stockholders or June 1, 2027.
- The grant represents the annual equity retainer for non-employee directors.
- Following this transaction, Mr. York directly owns 109,659 shares and indirectly controls 120,000 shares through a holding company.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is subject to the continued service of the director through the vesting date.
Future Outlook
The RSUs are expected to vest by June 1, 2027, or upon the next annual meeting of stockholders, contingent on continued service.
Industry Context
StockSavvy.ai notes that equity grants for non-employee directors are standard corporate governance practice to ensure long-term alignment between board members and shareholders in the retail sector.
Comparison to Industry Standards
- The grant of RSUs as an annual retainer is consistent with standard compensation practices for publicly traded companies in the U.S. retail industry.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Issuance of annual equity retainer in the form of RSUs. | 06/01/2026 | Standard alignment of director incentives. |
Related Party Transactions
- Director Jeffrey York maintains indirect ownership of 120,000 shares through a controlled holding company.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensation event.
Next Steps
- Vesting of 18,868 RSUs on or before June 1, 2027.
Key Dates
| Date | Description |
|---|---|
| 06/01/2026 | Date of RSU grant transaction. |
| 06/02/2026 | Date of filing. |
| 06/01/2027 | Scheduled vesting date for the RSUs. |
Keywords
Grocery Outlet, GO, Director Compensation, Insider Ownership, Restricted Stock Units, Equity Grant
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.