Schoen Kurt 4

What Happened Kurt Schoen, GPGI's principal financial officer and principal accounting officer, made an open-market purchase of 4,000 Class A shares on May 13, 2026 at $12.58 per share, for a total cost of $50,320. This was a purchase (insider buy), which some investors view as a more informative signal than routine sales.

Key Details

• Transaction type/code: Open-market purchase (P).
• Date and price: May 13, 2026 — 4,000 shares at $12.58 each.
• Total value: $50,320.
• Shares held after the transaction: 18,500 directly held Class A shares (14,500 previously owned + 4,000 purchased).
• Additional holdings: 571,817 Class A shares underlying RSUs (488,889 + 82,928) that vest in installments (see vesting schedule below); RSUs may be settled net to cover taxes.
• Vesting schedule (from footnote): RSUs originally granted Oct 1, 2024 — portions vest Oct 1, 2027, Oct 1, 2029 and Oct 1, 2031 (detailed per footnote).
• Filing timeliness: Report filed May 15, 2026 for a May 13, 2026 trade — appears timely (Form 4 normally due within two business days).
• Footnote: The RSUs were inadvertently omitted from a prior Form 4 and are disclosed here.

Context

• Insider purchases are often watched by retail investors as a potential positive signal, but they are not proof of future performance. These RSUs are time-vested and subject to continued service; they are not immediate, tradable shares until settled.