Form 4: Grocery Outlet Director Thomas F. Herman Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Thomas F. Herman reports a gift of Grocery Outlet Holding Corp. shares, both disposed of and acquired, on May 23, 2024.
Summary
- On May 23, 2024, Thomas F. Herman, a director of Grocery Outlet Holding Corp., reported changes in his beneficial ownership of the company's common stock.
- He disposed of 4,153 shares as a gift.
- He also acquired 4,153 shares as a gift through a trust.
- Following these transactions, Mr. Herman directly owns 5,837 shares and indirectly owns 14,553 shares through the Thomas F. Herman Separate Property Trust.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions reported may provide stakeholders with insights into the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: gift of shares and acquisition of shares through a trust. |
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