MILLER CHRISTOPHER M 4
Research Summary
AI-generated summary
Grocery Outlet (GO) CFO Christopher M. Miller Sells 5,024 Shares
What Happened
Christopher M. Miller, Chief Financial Officer of Grocery Outlet Holding Corp. (GO), sold 5,024 shares on March 9, 2026 at $5.84 per share, generating proceeds of approximately $29,340. The transaction is recorded as an open-market sale (code S) and was reported on a Form 4 filed March 10, 2026. Sales are often routine; this one was to satisfy tax withholding obligations tied to previously granted RSUs.
Key Details
- Transaction date: 2026-03-09; reported on Form 4 filed 2026-03-10 (timely filing).
- Price and proceeds: 5,024 shares at $5.84 per share = ~$29,340.
- Transaction type: Open-market sale (code S).
- Footnote: F1 — shares sold to satisfy the reporting person’s tax withholding obligation upon vesting of RSUs previously granted.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
Context
This sale was executed to cover tax withholding on vested restricted stock units, per the filing footnote — a common administrative transaction that does not necessarily reflect the insider’s broader view of the company. Purchases generally carry more weight as bullish signals; withholding sales are routine and are often not indicative of changes in conviction.