Form 4: Grocery Outlet Director Erik D. Ragatz Acquires 165,000 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Director Erik D. Ragatz of Grocery Outlet Holding Corp. reports the acquisition of 165,000 shares of common stock at $12.25 per share on February 28, 2025.

Summary

  • On February 28, 2025, Erik D. Ragatz, a director of Grocery Outlet Holding Corp., acquired 165,000 shares of common stock.
  • The purchase price was $12.25 per share.
  • Following the transaction, Mr. Ragatz directly owns 37,789 shares and indirectly owns 782,485 shares through a trust, a limited partnership, his spouse, and a 401k plan.
  • The transaction was reported on March 3, 2025.

Sentiment

Score: 7

Explanation: A director purchasing a significant amount of stock is generally viewed positively, suggesting confidence in the company's future. However, it's a single transaction and doesn't provide a comprehensive view of the company's overall health.

Positives

  • A director's purchase of a significant number of shares can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings are closely watched by investors as they can provide insights into management's view of the company's prospects.

Stakeholder Impact

  • The purchase of shares by a director could positively influence shareholder sentiment.

Key Dates

DateDescription
02/28/2025Date of transaction: Erik D. Ragatz acquired 165,000 shares of Grocery Outlet Holding Corp. common stock.
03/03/2025Date of filing: Form 4 filing reporting the transaction.

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