Form 4: Grocery Outlet CFO Receives Equity Grant

Grocery Outlet Holding Corp. EVP and CFO Ian Daniel Ferry received a grant of 12,893 restricted stock units and 19,339 performance-based stock units.

Summary

• Ian Daniel Ferry, EVP, CFO and Treasurer of Grocery Outlet Holding Corp., was granted 12,893 restricted stock units (RSUs) on June 15, 2026.
• The RSUs vest in three equal annual installments starting May 20, 2027, contingent on continued service.
• The reporting person also received a grant of 19,339 performance-based stock units (PSUs).
• The PSUs vest based on share price performance goals over a three-year period ending in fiscal year 2028, with potential payouts ranging from 0% to 200% of the target amount.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding executive compensation, which is neutral in terms of immediate market impact.

Positives

• Alignment of executive compensation with long-term shareholder interests through performance-based equity incentives.
• Retention mechanism established through multi-year vesting schedules for both RSUs and PSUs.

Negatives

• Potential for future share dilution upon the vesting and settlement of the granted RSUs and PSUs.

Risks

• Vesting of PSUs is subject to the achievement of specific share price targets, which may not be met.
• Continued employment requirements create a dependency on key management retention.

Future Outlook

The performance-based units are tied to share price goals over a three-year period ending at the close of fiscal year 2028.

Management Comments

• The grants are subject to the reporting person's continued employment or service with the Issuer.

Industry Context

StockSavvy.ai notes that equity-based compensation for C-suite executives remains a standard practice in the retail sector to ensure leadership alignment with long-term stock performance and operational stability.

Comparison to Industry Standards

• The use of performance-based RSUs and PSUs is consistent with standard executive compensation packages for publicly traded retail companies.
• Vesting schedules of three years are typical for mid-to-senior level management in the consumer staples industry.

Stakeholder Impact

• Shareholders may experience minor dilution upon the eventual issuance of common stock related to these grants.

Next Steps

• Vesting of RSU installments on May 20 of 2027, 2028, and 2029.
• Certification of PSU performance goals by the Compensation Committee following the end of fiscal year 2028.

Key Dates

Keywords

Grocery Outlet, GO, Form 4, Insider Trading, Executive Compensation, Equity Grant, CFO