Form 4: Grocery Outlet SVP, Accounting, Lindsay E. Gray, Sells Shares to Cover Tax Obligations

Lindsay E. Gray, SVP, Accounting at Grocery Outlet Holding Corp., sold 1,856 shares of common stock on March 10, 2025, to cover tax withholding obligations.

Summary

• On March 10, 2025, Lindsay E. Gray, SVP, Accounting at Grocery Outlet Holding Corp., sold 1,856 shares of common stock.
• The shares were sold at a price of $13.16 per share.
• The transaction was executed to satisfy the reporting person's tax withholding obligation upon the vesting of previously granted performance stock units.
• Following the transaction, Gray directly owns 39,592 shares of Grocery Outlet Holding Corp.

Sentiment

Score: 5

Explanation: This is a neutral event. An executive sold shares to cover tax obligations, which is a common and expected practice.

Industry Context

Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.

Stakeholder Impact

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

Key Dates