MILLER CHRISTOPHER M 4

What Happened Christopher M. Miller, Chief Financial Officer of Grocery Outlet Holding Corp. (GO), received equity awards on March 12, 2026. The filing reports 49,022 restricted stock units (RSUs) granted (valued as compensation; acquisition price reported $0.00) and 73,533 performance-based RSUs (PSUs) reported as a derivative award (price N/A). These are grants as part of compensation, not open-market purchases or sales.

Key Details

• Transaction date: March 12, 2026; Form 4 filed March 16, 2026 (appears timely).
• Award types/sizes: 49,022 RSUs (grant, $0.00 per share) and 73,533 PSUs (derivative award; price N/A).
• Vesting for the 49,022 RSUs: vest in three equal installments on March 1 of 2027, 2028 and 2029, subject to continued service (Footnote F1).
• PSUs (73,533): performance-based, tied to specified share-price goals over a three-year performance period ending at fiscal 2028 year-end; payout range 0–200% depending on achievement; vesting subject to Compensation Committee certification and continued service (Footnote F2).
• Shares owned after transaction: not disclosed in the provided filing details.
• Transaction code: A = Award/Grant; this is compensation, not a purchase (P) or sale (S).

Context These awards are standard equity compensation and should be viewed as part of executive pay rather than an immediate market signal—PSUs only convert to shares if performance goals are met and vesting conditions satisfied. There was no exercise-and-sale or open-market trade reported.