ROSE B ANDREW 4

What Happened

• Rose B. Andrew, a director of Greif, Inc., was granted 366.11 phantom stock units (transaction code A) on February 2, 2026. The units are valued at $71.70 each, for a total reported value of $26,250. This filing reports a compensatory award of derivative units, not an open‑market purchase of shares.

Key Details

• Transaction date and price: 2026-02-02 at $71.70 per unit; total value $26,250.
• Transaction type: Award/Grant of phantom stock units (derivative), SEC Form 4 filed 2026-02-04.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — each phantom stock unit equals the economic value of one Class A common share; F2 — units will be settled in cash either on a preselected future date or upon the director’s departure from the board (retirement, death, disability, or other reason).
• Timeliness: Filed two days after the transaction (appears timely under standard Form 4 rules).

Context

• Phantom stock units are a deferred cash compensation vehicle tied to the company’s share price; they do not represent immediate ownership of shares and typically reflect routine director compensation rather than an explicit market sentiment signal.
• Because this is a derivative cash‑settled award, there was no exercise, sale, or open‑market purchase associated with this filing.