Schoen Kurt 4
4 · GPGI, Inc. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
GPGI Principal Financial Officer Kurt Schoen Receives 143,754-Option Award
What Happened Kurt Schoen, GPGI’s principal financial officer and principal accounting officer, was granted a derivative award of 143,754 stock options on February 26, 2026. The filing reports an acquisition amount of 143,754 at $0.00 per share (derivative); the report lists total reported value as $0.00. This is a compensation grant (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-02-26; Form 4 filed 2026-03-02 (timely filed within required business days).
- Transaction code: A (Grant/award); amount: 143,754 shares/options; reported price: $0.00 per share.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: The grant is stock options that vest 25% on each of the first, second, third and fourth anniversaries of the grant date (F1).
- Insider role: Principal financial officer and principal accounting officer (per remarks).
Context This was a grant of stock options as part of executive compensation; it does not represent an open-market purchase or sale. The options vest over four years, so the economic interest will accrue as they vest and, if exercised, depending on any exercise price and company policies. Such awards are common for retaining executives and should be interpreted as compensation rather than a direct market signal.
Insider Transaction Report
- Award
Stock Option (Right to Buy)
[F1]2026-02-26+143,754→ 143,754 totalExercise: $23.12Exp: 2036-02-26→ Class A Common Stock (143,754 underlying)
Footnotes (1)
- [F1]The Stock Options will vest in equal annual installments of 25% on each of the first, second, third and fourth anniversaries of the date of grant.