THOMPSON JANE J. 4

What Happened

• Jane J. Thompson, a director of GPGI, was granted derivative securities on 2026-06-11 representing 30,738 underlying shares. The Form 4 reports an acquisition price of $0.00 (i.e., a grant/award of options or other derivative award), so no cash was paid at grant and no immediate shares were transferred.

Key Details

• Transaction date: 2026-06-11; Form 4 filed: 2026-06-15 (timely filing).
• Transaction code: A (award/grant of derivative securities).
• Number of underlying shares: 30,738; price reported: $0.00; total cash value at grant: $0 (grant of a derivative security).
• Shares owned after the transaction: not specified in this filing.
• Vesting/other footnote: the stock options will vest in equal annual installments of 25% each — first vesting on June 11, 2027, then on the first, second and third anniversaries thereafter.
• No exercise price or immediate sale is reported in this Form 4.

Context

• This is a time‑based option/award grant to a director, not an open‑market purchase or sale. Such awards are common as compensation/retention tools and vest over multiple years; they do not represent immediate insider buying conviction in the market because no shares were purchased outright.