Greif CFO Lawrence Hilsheimer Sells $3.7M in Shares

What Happened
Lawrence A. Hilsheimer, Greif’s Executive Vice President and Chief Financial Officer, reported two open‑market sales of company stock. On 2026-08-06 he sold 20,254.129 shares at $88.51 each for $1,792,693, and on 2026-08-07 he sold 21,500 shares at $88.66 each for $1,906,227 — total proceeds ≈ $3,698,920. These were outright sales (code S), which are typically liquidity transactions rather than a direct bullish signal.

Key Details

• Transaction dates/prices/values:
  • 2026-08-06: 20,254.129 shares @ $88.51 = $1,792,693
  • 2026-08-07: 21,500 shares @ $88.66 = $1,906,227
• Total shares sold: 41,754.129; total proceeds ≈ $3.70M.
• Filing: Form 4 filed 2026-08-10 (the report covers transactions dated Aug 6–7) — filed within the SEC’s two‑business‑day requirement.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes:
  • F1: Net proceeds intended primarily to repay a home renovation loan.
  • F2: An administrative error previously underreported the reporting person’s beneficial holdings of Class A stock by 74 shares.

Context
This report documents sales by a senior executive for personal liquidity (per the footnote). Sales by officers are common and do not by themselves indicate a change in company fundamentals; purchases generally convey stronger insider conviction.