Form 4: Grocery Outlet EVP, Chief Stores Officer Pamela B. Burke Sells Shares to Cover Tax Obligations

Pamela B. Burke, EVP, Chief Stores Officer of Grocery Outlet Holding Corp., sold 6,033 shares of common stock on March 10, 2025, to satisfy tax withholding obligations upon vesting of performance stock units.

Summary

• On March 10, 2025, Pamela B. Burke, the EVP, Chief Stores Officer of Grocery Outlet Holding Corp., sold 6,033 shares of common stock.
• The shares were sold at a price of $13.16 per share.
• The sale was executed to satisfy the reporting person's tax withholding obligation upon the vesting of performance stock units previously granted.
• Following the transaction, Burke directly owns 79,568 shares of Grocery Outlet Holding Corp.
• The transaction was reported on March 11, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a stock sale for tax purposes, which is a routine transaction.

Industry Context

Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates