Form 4: Grocery Outlet Executive Luke D. Thompson Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Luke D. Thompson, EVP, GC and Secretary of Grocery Outlet Holding Corp., sold 1,368 shares of common stock on May 21, 2025, to cover tax obligations related to vesting RSUs.
Summary
- On May 21, 2025, Luke D. Thompson, EVP, GC and Secretary of Grocery Outlet Holding Corp., sold 1,368 shares of common stock.
- The shares were sold at a price of $13.77 per share.
- The transaction was executed to satisfy the reporting person's tax withholding obligation upon the vesting of previously granted Restricted Stock Units (RSUs).
- Following the transaction, Thompson directly owns 29,799 shares of Grocery Outlet Holding Corp.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover tax obligations). It doesn't indicate any significant positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used to disclose transactions by company insiders. This sale is related to tax obligations and may not reflect a change in the executive's long-term outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of transaction: Luke D. Thompson sold 1,368 shares of Grocery Outlet Holding Corp. common stock. |
| 05/22/2025 | Date of signature for the Form 4 filing. |
Keywords
Grocery Outlet Holding Corp, Luke D. Thompson, Form 4, share sale, tax obligations, RSUs, GO
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