Form 4: Grocery Outlet Director Gail Moody-Byrd Receives Annual Equity Grant of 10,692 Restricted Stock Units

Grocery Outlet Holding Corp. Director Gail Moody-Byrd was granted 10,692 restricted stock units as part of her annual equity retainer, increasing her beneficial ownership to 30,306 shares.

Summary

• Gail Moody-Byrd, a Director of Grocery Outlet Holding Corp. (GO), acquired 10,692 shares of common stock on June 3, 2025.
• These shares are in the form of Restricted Stock Units (RSUs) and were granted at a price of $0 per share, which is typical for equity compensation.
• Following this transaction, Ms. Moody-Byrd's total beneficial ownership of Grocery Outlet common stock is 30,306 shares.
• The RSUs are scheduled to vest on the earlier of the next annual meeting of stockholders following the grant date or June 2, 2026, contingent on her continued service.
• This grant represents the annual equity retainer under the Issuer's non-employee director compensation policy.

Sentiment

Score: 7

Explanation: The document reports a routine equity grant to a director, which is a neutral to slightly positive event as it aligns director interests with shareholders. There are no negative implications.

Positives

• The grant of Restricted Stock Units (RSUs) to a director aligns the director's interests with those of shareholders, as the value of the RSUs is tied to the company's stock performance.
• This is a standard component of non-employee director compensation, indicating a consistent corporate governance practice.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing for a retail grocery company. Such equity grants are common practice across various industries to compensate non-employee directors and align their interests with shareholders.

Comparison to Industry Standards

• The practice of granting restricted stock units (RSUs) as part of non-employee director compensation is a common and widely accepted standard across publicly traded companies, including those in the retail and grocery sectors.
• Companies like Kroger (KR), Albertsons (ACI), and Sprouts Farmers Market (SFM) also utilize equity-based compensation for their directors to incentivize long-term value creation.
• The vesting schedule, tied to continued service and annual meetings, is typical for such grants, ensuring retention and alignment.

Corporate Governance

Stakeholder Impact

• Shareholders: The grant of RSUs aligns the director's financial interests with the long-term performance of the company, potentially benefiting shareholders through improved governance and strategic decisions.

Next Steps

• The granted Restricted Stock Units (RSUs) are scheduled to vest on the earlier of the next annual meeting of stockholders following the grant date or June 2, 2026.

Key Dates

Recommendation

Keywords

Grocery Outlet Holding Corp., GO, Form 4, SEC filing, Restricted Stock Units, RSUs, Director compensation, Equity grant, Insider transaction, Gail Moody-Byrd, Beneficial ownership