Form 4: Grocery Outlet Director John Bachman Receives Annual Equity Grant of 10,692 Restricted Stock Units
Insider Transaction Report
Grocery Outlet Holding Corp. Director John E. Bachman was granted 10,692 restricted stock units as part of his annual equity retainer, aligning his interests with shareholders.
Summary
- John E. Bachman, a Director of Grocery Outlet Holding Corp. (GO), acquired 10,692 shares of Common Stock in the form of Restricted Stock Units (RSUs) on June 3, 2025.
- The transaction was an acquisition (A) with a price of $0 per RSU, indicating a grant rather than a purchase.
- Following this transaction, Mr. Bachman directly beneficially owns 57,367 shares of Common Stock.
- The 10,692 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.
- Vesting is contingent upon Mr. Bachman's continued service through the vesting date.
- These RSUs represent the annual equity retainer provided under the Issuer's non-employee director compensation policy.
Sentiment
Score: 7
Explanation: The sentiment is positive as it represents a standard equity grant to a director, aligning their interests with shareholders. It's a routine compensation event, not indicative of major operational or financial shifts, hence not extremely high on the scale.
Positives
- The grant of Restricted Stock Units to Director John E. Bachman aligns his financial interests with those of the company's shareholders, as the value of the RSUs is tied to the company's stock performance.
- This RSU grant is part of a standard, pre-established non-employee director compensation policy, indicating consistent corporate governance practices.
Future Outlook
The granted Restricted Stock Units are scheduled to vest on the earlier of the next annual meeting of stockholders or June 2, 2026, subject to the director's continued service, indicating a future milestone for the equity compensation.
Industry Context
This filing is a routine insider transaction report related to director compensation and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: The RSU grant aligns the director's interests with shareholders, as the value of his compensation is tied to the company's stock performance.
Next Steps
- Vesting of the 10,692 Restricted Stock Units on the earlier of the next annual meeting of stockholders or June 2, 2026, contingent on continued service.
Key Dates
| Date | Description |
|---|---|
| 06/03/2025 | Date of transaction for the acquisition of Restricted Stock Units by Director John E. Bachman. |
| 06/04/2025 | Date the Form 4 filing was signed by the attorney-in-fact for John E. Bachman. |
| 06/02/2026 | Latest possible vesting date for the granted Restricted Stock Units, subject to continued service. |
Keywords
Grocery Outlet Holding Corp., GO, Form 4, Restricted Stock Units, RSU, Director Compensation, Insider Transaction, Equity Grant, Beneficial Ownership
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