Lindberg Eric J. Jr. 4
Research Summary
AI-generated summary
Grocery Outlet (GO) Director Eric Lindberg Buys 275,000 Shares
What Happened
- Eric J. Lindberg Jr., a director of Grocery Outlet Holding Corp. (GO), bought 275,000 common shares in open-market transactions on March 9, 2026. The reported weighted-average price was $5.98 per share (totaling approximately $1,644,500). The individual trade prices ranged from $5.91 to $6.09.
- This was a purchase (insider buy), which investors often view as a more informative signal than routine sales, though it does not by itself explain the insider’s motivations.
Key Details
- Transaction date: 2026-03-09; Form 4 filed: 2026-03-11 (appears filed within the normal 2-business-day window).
- Price: weighted average $5.98; per-share prices ranged $5.91–$6.09 (reporting person can provide breakdown on request).
- Shares acquired: 275,000; aggregate value ≈ $1,644,500.
- Shares owned after transaction: not specified in the information provided here; the filing notes holdings through two trusts (see footnotes).
- Footnotes: F1 explains the weighted-average price and availability of per-price details; F2 and F3 indicate shares are held by the Lindberg Family Revocable Trust (u/a/d 2/14/2006) and the Lindberg Irrevocable Trust (u/a/d 5/12/2017), of which Mr. Lindberg is a trustee.
Context
- This was an open-market purchase by a company director (not an option exercise, gift, or tax withholding event). Insider purchases can signal confidence but should be considered alongside other information (company fundamentals, size of holding, and timing).