Form 4: Grocery Outlet Director Erik Ragatz Buys 36,500 Shares

Director Erik Ragatz of Grocery Outlet Holding Corp. recently purchased 36,500 shares of common stock at an average price of $28.247.

Summary

• On March 22, 2024, Erik D. Ragatz, a director of Grocery Outlet Holding Corp., acquired 36,500 shares of common stock.
• The shares were purchased at a weighted average price of $28.247, with individual transactions ranging from $28.14 to $28.2495.
• Following the transaction, Mr. Ragatz directly owns 30,986 shares and indirectly owns 329,785 shares through a limited partnership, 5,200 shares through his spouse, and 38,000 shares through a 401k plan.
• Mr. Ragatz also holds shares through the Ragatz Revocable Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares can be seen as a vote of confidence, but it's a single transaction and doesn't provide definitive insight into the company's overall health.

Positives

• The director's purchase could be interpreted as a positive signal about their confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC when company insiders, such as directors and officers, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The purchase may have a slightly positive impact on shareholder sentiment.

Key Dates