4/A: Kenneth W. Alterman of Grocery Outlet Holding Corp. Amends Form 4 Filing to Correct Pricing Error
SEC Form 4/A Amendment
Kenneth W. Alterman, a director at Grocery Outlet Holding Corp., amended a previous Form 4 filing to correct a scrivener's error related to the purchase price of shares.
Summary
- Kenneth W. Alterman, a director of Grocery Outlet Holding Corp., filed an amended Form 4 with the SEC.
- The amendment corrects a scrivener's error in footnote 1 of the original filing regarding the purchase price of shares.
- On March 3, 2025, Alterman purchased 25,000 shares of common stock at a weighted average price of $11.88.
- These shares were bought in multiple transactions with prices ranging from $11.71 to $11.97.
- Following the reported transaction, Alterman directly owns 45,511 shares and indirectly owns 64,592 shares through the Alterman Revocable Trust.
- The filing also indicates that Alterman held 45,511 shares directly before the transaction.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing amendment to correct a minor error. It doesn't indicate any significant positive or negative developments for the company, but accuracy in filings is always viewed favorably.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. Amendments are sometimes necessary to correct errors or omissions in the original filings.
Stakeholder Impact
- The correction of the filing ensures transparency for shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of the share purchase transaction. |
| 03/03/2025 | Date of original Form 4 filing. |
| 03/04/2025 | Date of amended Form 4/A filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.