James Mark R. 4

What Happened James Mark R., a director of GPGI (ticker GPGI), received a grant of 40,984 derivative shares reported as stock options on June 11, 2026. The Form 4 reports a transaction price of $0.00 for the award (i.e., an option grant rather than a purchase or sale). This was a grant of derivative securities—no shares were sold and no immediate cash proceeds were reported.

Key Details

• Transaction date: 2026-06-11; Form 4 filed: 2026-06-15. Transaction price reported as $0.00.
• Instrument: Derivative (stock options) covering 40,984 underlying shares.
• Vesting (per footnote): options vest in equal annual installments of 25% on June 11, 2027 and on the first, second, and third anniversaries thereafter.
• Shares owned after transaction: not specified in the information provided in this summary (see the Form 4 for total holdings).
• Filing timeliness: Form 4 filed 4 days after the grant date; check the full filing for any timeliness flag.

Context This is a compensation-related option grant that vests over four years; until vested, the options typically cannot be exercised for stock. The reported $0.00 reflects the grant itself—exercise/strike price (if any) is not detailed here. Awards like this are common for directors as part of long-term compensation and do not by themselves indicate an immediate purchase or sale signal.