Form 4: Grocery Outlet EVP, Chief Purchasing Officer Steven K. Wilson Sells Shares
SEC Form 4
Steven K. Wilson, EVP, Chief Purchasing Officer of Grocery Outlet Holding Corp., sold 22,152 shares of common stock in two transactions on March 21 and 22, 2024.
Summary
- Steven K. Wilson, EVP, Chief Purchasing Officer of Grocery Outlet Holding Corp., filed a Form 4 detailing changes in beneficial ownership.
- On March 21, 2024, Wilson sold 15,000 shares of common stock at a price of $28.5 per share.
- On March 22, 2024, Wilson sold 7,152 shares of common stock at a price of $28.25 per share.
- Following these transactions, Wilson directly owns 158,779 shares of Grocery Outlet Holding Corp. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by an executive, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Sale of 15,000 shares of common stock at $28.5 per share. |
| 03/22/2024 | Sale of 7,152 shares of common stock at $28.25 per share. |
| 03/25/2024 | Date of signature on the Form 4 filing. |
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