Form 4: Grocery Outlet Executive Andrea Bortner Reports Stock Transactions
SEC Form 4 Filing
Andrea Bortner, EVP and Chief Human Resources Officer at Grocery Outlet Holding Corp., reports the disposition and acquisition of company stock through transactions including a gift and a sale.
Summary
- Andrea Bortner, an executive at Grocery Outlet Holding Corp., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On March 15, 2024, Bortner gifted 8,721 shares of common stock.
- Also on March 15, 2024, Bortner acquired 8,721 shares of common stock through a gift.
- On March 18, 2024, Bortner sold 8,300 shares of common stock at a price of $26.61 per share.
- Following these transactions, Bortner directly owns 26,765 shares and indirectly owns 31,167 shares through a family trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the retail industry.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on the overall market reaction.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Gift of 8,721 shares of common stock. |
| 03/15/2024 | Acquisition of 8,721 shares of common stock through gift. |
| 03/18/2024 | Sale of 8,300 shares of common stock at $26.61 per share. |
| 03/19/2024 | Date of signature on the Form 4 filing. |
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