Delly Matthew Patrick 4

What Happened Delly Matthew Patrick, EVP & Chief Merchandising & Purchasing Officer of Grocery Outlet Holding Corp. (GO), received equity awards on March 12, 2026: 43,494 restricted stock units (RSUs) and 65,241 performance-based restricted stock units (PSUs). The RSUs are recorded at $0.00 (no cash paid) and the PSUs are a derivative award with no immediate dollar value reported.

Key Details

• Transaction date: March 12, 2026. Transaction type: Award/Grant (code A).
• RSUs: 43,494 units; acquisition reported at $0.00; each RSU converts to one share upon vesting.
• PSUs: 65,241 units (performance-based); reported as derivative with price N/A. PSU payout may range from 0–200% of the reported amount depending on performance.
• Vesting: RSUs vest in three equal installments on March 1 of 2027, 2028 and 2029, subject to continued service. PSUs vest after a three-year performance period ending with fiscal 2028 and only upon Compensation Committee certification and continued service.
• Shares owned after the transaction: not specified in this filing.
• No indication in the filing of a 10b5-1 plan, tax withholding sale, or that the award was a gift.

Context These awards are compensation grants rather than open-market purchases or sales. RSUs provide time-based equity retention; PSUs are tied to future performance metrics (share-price goals over a multi-year period) and may pay out between 0% and 200% of the target amount. Such grants are common for executive compensation and do not alone indicate immediate buy/sell sentiment.