Ragatz Erik D. 4
Research Summary
AI-generated summary
Grocery Outlet (GO) Director Erik Ragatz Buys 116,003 Shares
What Happened Erik D. Ragatz, a director of Grocery Outlet Holding Corp. (GO), made open-market purchases totaling 116,003 shares: 100,000 shares on 2026-03-16 at a reported weighted-average price of $6.09 (about $609,000) and 16,003 shares on 2026-03-17 at $5.85 (about $93,618). These were purchases (insider buys), which some investors view as a more informative signal than routine sales.
Key Details
- Transaction dates & prices:
- 2026-03-16: 100,000 shares purchased, reported at $6.09 (weighted average; see footnote F1)
- 2026-03-17: 16,003 shares purchased at $5.85
- Total shares acquired: 116,003; total reported value ≈ $702,618.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Notable footnotes:
- F1: $6.09 is a weighted average; purchases on 3/16 occurred at prices ranging $6.00–$6.25. Detailed per-price breakdown is available on request.
- F2–F5: Some holdings are held via the Ragatz Revocable Trust (F2), a 401(k) plan not affiliated with the issuer (F3), a limited partnership (F4), and an LLC (F5).
- Filing timeliness: Form 4 was filed 2026-03-17 for transactions on 3/16 and 3/17; no late filing is indicated in the provided information.
Context These were straightforward open-market purchases (transaction code P). The filing shows purchases across multiple accounts/vehicles controlled by Ragatz (trust, LP, LLC) and a separate 401(k) holding. The footnotes clarify pricing aggregation and ownership vehicles; they do not explain motivation.