Form 4: Grocery Outlet Director Kenneth W. Alterman Reports Stock Purchase

Director Kenneth W. Alterman of Grocery Outlet Holding Corp. reports purchasing 25,000 shares of common stock at an average price of $11.88.

Summary

• On March 3, 2025, Kenneth W. Alterman, a director of Grocery Outlet Holding Corp., purchased 25,000 shares of common stock.
• The purchase price was $11.88 per share.
• Following the transaction, Mr. Alterman directly owns 45,511 shares and indirectly owns 64,592 shares through the Alterman Revocable Trust.
• The shares held through the Alterman Revocable Trust are managed by Mr. Alterman as a Trustee.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's financial health.

Positives

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

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future stock performance.

Stakeholder Impact

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

Key Dates