Cote John D. 4

What Happened

• John D. Cote, a director of GPGI, was granted a derivative award covering 30,738 shares on 2026-06-11. The filing reports an acquisition price of $0.00 and a reported value of $0 (derivative award), and the award will vest over four years per the footnote.

Key Details

• Transaction date: 2026-06-11; Form 4 filed: 2026-06-15 (Accession 0000950142-26-001782).
• Award size: 30,738 shares (derivative/stock options as described in footnote).
• Price/value reported: $0.00 per share; total reported value $0 (derivative award).
• Vesting: 25% vests on June 11, 2027 and on each of the first, second and third anniversaries thereafter (footnote F1).
• Shares owned after transaction: Not disclosed in the provided filing.
• Filing timeliness: Form filed 4 days after the transaction date; the filing itself does not include a late-filing flag in the summary provided here — check the full Form 4 for any timeliness designation.

Context

• This was a grant of derivative awards (stock options/equity award) as compensation, not an open-market purchase or sale. Such awards typically vest over time and do not represent immediate cash or share sales. For retail investors, awards indicate compensation alignment but are not the same signal as an outright insider purchase.