Form 4: Grocery Outlet Director Jeffrey York Receives Annual Equity Retainer of 10,692 Restricted Stock Units

Grocery Outlet Holding Corp. Director Jeffrey York was granted 10,692 restricted stock units as part of the company's non-employee director compensation policy, vesting by June 2026.

Summary

• Jeffrey York, a Director and 10% Owner of Grocery Outlet Holding Corp. (GO), acquired 10,692 shares of Common Stock on June 3, 2025.
• These shares represent Restricted Stock Units (RSUs) granted at a price of $0.
• The RSUs are part of the annual equity retainer under the Issuer's non-employee director compensation policy.
• The RSUs are scheduled to vest on the earlier of the date of the next annual meeting of stockholders following the grant date or June 2, 2026, subject to continued service.
• Following this transaction, Jeffrey York beneficially owns 90,791 shares of Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it reflects standard corporate governance and aligns director interests with shareholders, without indicating any negative operational or financial news. It's a routine compensation event.

Positives

• The grant of Restricted Stock Units (RSUs) aligns the interests of Director Jeffrey York with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• This transaction is part of a standard, disclosed non-employee director compensation policy, indicating structured corporate governance.

Negatives

• The issuance of new RSUs, upon vesting, could lead to a minor dilutive effect on existing shareholders, although the amount is relatively small in the context of a publicly traded company.

Risks

• The vesting of the RSUs is subject to the continued service of the reporting person, meaning the compensation is contingent on the director remaining with the company.

Future Outlook

The document does not provide forward-looking statements or guidance beyond the vesting schedule of the granted RSUs.

Industry Context

This Form 4 filing is a routine disclosure of insider stock transactions and does not provide broader industry context or trends. It reflects standard compensation practices for non-employee directors in publicly traded companies.

Corporate Governance

Related Party Transactions

• The grant of 10,692 Restricted Stock Units (RSUs) to Jeffrey York, a Director and 10% Owner, constitutes a related party transaction as it involves compensation to an insider. This is part of the company's standard non-employee director compensation policy.

Stakeholder Impact

• Shareholders: Minor potential for dilution upon RSU vesting, but also improved alignment of director interests with shareholder value.
• Director (Jeffrey York): Receives equity compensation, aligning personal financial interests with company performance.

Next Steps

• Vesting of the 10,692 Restricted Stock Units (RSUs) on the earlier of the next annual meeting of stockholders or June 2, 2026.

Key Dates

Keywords

Grocery Outlet Holding Corp., GO, Jeffrey York, Form 4, SEC Filing, Restricted Stock Units, RSUs, Director Compensation, Insider Transaction, Equity Grant, Corporate Governance, Stock Ownership