Wilson Steven K. 4
Research Summary
AI-generated summary
Grocery Outlet (GO) EVP Steven K. Wilson Sells 4,721 Shares
What Happened
- Steven K. Wilson, Executive Vice President and Chief Purchasing Officer of Grocery Outlet Holding Corp. (GO), sold 4,721 shares on 2026-03-16 at $6.06 per share for total proceeds of approximately $28,609. The filing indicates the shares were sold to satisfy the reporting person's tax withholding obligation upon vesting of previously granted performance stock units (PSUs). This was a sale (routine tax-related disposition), not a purchase.
Key Details
- Transaction date and price: 2026-03-16 — 4,721 shares sold at $6.06 per share.
- Total proceeds: ~$28,609.
- Reason/footnote: F1 — shares sold to satisfy tax withholding on vested PSUs (tax withholding sale).
- Transaction code: S (Sale); withholding-related code F (tax withholding).
- Filing: Form 4 filed 2026-03-17 for the 2026-03-16 transaction — appears to be filed timely.
- Shares owned after transaction: not specified in the summary provided.
Context
- Tax-withholding sales after PSU vesting are common and typically routine; they do not necessarily indicate a change in the insider’s view of the company’s prospects.
- For retail investors, purchases by insiders can be a stronger signal than tax-driven sales. This transaction reflects a non-discretionary action to satisfy tax obligations rather than an investment decision.