York Jeffrey 4
Research Summary
AI-generated summary
Grocery Outlet Director Jeffrey York Buys 120,000 Shares
What Happened
Jeffrey York, a director of Grocery Outlet Holding Corp. (GO), made open-market purchases on 2026-03-09 totaling 120,000 common shares. He bought 2,000 shares at $5.72 each ($11,440) and 118,000 shares at $5.82 each ($686,760), for an aggregate spend of approximately $698,200. These were purchases (insider buying), which some investors view as a positive signal of confidence, though no motivation is stated.
Key Details
- Transaction date: 2026-03-09 (reported on Form 4 filed 2026-03-11) — filing appears timely (within the typical two-business-day window).
- Trades: 2,000 shares @ $5.72 = $11,440; 118,000 shares @ $5.82 = $686,760; total 120,000 shares ≈ $698,200.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: F1 — reflects shares of common stock held by a holding company controlled by Mr. York.
- Transaction code: P = Purchase (open market/private purchase).
Context
These were straight purchases of common stock (no options exercised, no gifts or awards). Insider purchases can be informative for retail investors but do not guarantee future stock performance. The filing shows ownership via a holding company controlled by Mr. York rather than direct individual ownership.