COTE DAVID M 4

What Happened
David M. Cote, Executive Chairman and Director of GPGI, was granted an award of 1,265,032 derivative securities (stock options) on February 26, 2026. The filing reports an acquisition price of $0.00 per share and an aggregate reported value of $0 — this reflects a grant of options (not a cash purchase or sale). No exercise or sale occurred in this transaction.

Key Details

• Transaction date: 2026-02-26; Form 4 filed: 2026-03-02 (filed timely).
• Instrument: Derivative — stock options; amount granted: 1,265,032 options.
• Reported price/aggregate value: $0.00 / $0 (reflects grant of options, not a cash transaction).
• Vesting: Options vest in equal annual installments of 25% on each of the first four anniversaries of the grant (footnote F1).
• Shares owned after transaction: not specified in the details provided.
• No 10b5-1 plan, tax withholding, or late filing flag noted in the provided filing information.

Context
This was a grant of stock options to an insider, meaning Cote received the right to acquire shares in the future subject to vesting and any exercise terms. Grants are common as compensation and do not represent an immediate purchase or sale of shares. Retail investors should note the vesting schedule (25% per year over four years) — the options become more relevant to market impact as they vest and, if exercised, converted to shares.