4/A: Grocery Outlet Executive Corrects Stock Sale Reporting Error

Sentiment:

SEC Filing (Form 4/A Amendment)


Andrea Renee Bortner, EVP and Chief Human Resources Officer at Grocery Outlet Holding Corp., files an amended Form 4 to correct an error in a previous filing regarding the source of shares sold on March 10, 2025.

Summary

  • Andrea Renee Bortner, an executive at Grocery Outlet Holding Corp., filed an amended Form 4 with the SEC.
  • The amendment corrects a previous filing from March 11, 2025, which incorrectly reported the source of 3,091 shares of common stock sold on March 10, 2025.
  • The shares were sold from the Bortner Family Trust, of which Ms. Bortner is a Trustee, rather than from shares held directly by Ms. Bortner.
  • Following the transaction, Ms. Bortner directly owns 32,128 shares and the Bortner Family Trust owns 28,076 shares.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't indicate any fundamental issues with the company, but the initial error could have caused confusion.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.

Stakeholder Impact

  • The correction ensures accurate information is available to shareholders regarding insider transactions.

Key Dates

DateDescription
03/10/2025Date of the stock sale transaction.
03/11/2025Date of the original Form 4 filing with the incorrect information.
04/24/2025Date of the amended Form 4/A filing.

Keywords

Form 4, Grocery Outlet, Stock Sale, Beneficial Ownership, Amendment, Bortner, SEC Filing

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