Ragatz Erik D. 4
Research Summary
AI-generated summary
Grocery Outlet (GO) Director Erik Ragatz Buys 125,000 Shares
What Happened
- Erik D. Ragatz, a director of Grocery Outlet Holding Corp. (GO), acquired 125,000 shares of the company's common stock in an open-market/private purchase on March 11, 2026. The reported weighted-average purchase price was $6.00 per share, for a total transaction value of approximately $750,000. This was a purchase (often viewed by investors as a bullish signal).
Key Details
- Transaction date: 2026-03-11; Transaction code: P (purchase).
- Reported price: weighted average $6.00 per share; purchases occurred at prices in the range $5.95–$6.05 (footnote F1).
- Total acquired: 125,000 shares; aggregate purchase value ≈ $750,000.
- Shares owned after the transaction: not specified in the filing.
- Footnotes: F1 explains the weighted-average price and that the reporting person can provide per-price detail on request; F2–F5 disclose that some shares are held in entities controlled by Mr. Ragatz (Ragatz Revocable Trust, a limited partnership, an LLC) and a 401(k) plan (not affiliated with the issuer).
- Filing/timeliness: transaction reported with Form 4 filed on 2026-03-12 for a 2026-03-11 transaction (filed promptly; no late filing indicated).
Context
- This was an open-market/private purchase of common stock, not an option exercise, gift, or award. Holdings noted in the filing include entities and accounts associated with Mr. Ragatz (trust, partnership, LLC) and a separate 401(k) plan. The filing is factual and does not state the insider’s motivation.