York Jeffrey 4
Research Summary
AI-generated summary
Grocery Outlet (GO) Director Jeffrey York Receives RSU Award
What Happened
- Jeffrey York, a director of Grocery Outlet Holding Corp. (GO), was granted 18,868 restricted stock units (RSUs) on June 1, 2026. The grant was reported as an acquisition at $0.00 (award), consistent with an equity retainer rather than a cash purchase. The filing shows the RSUs, not vested shares; no immediate cash value was exchanged in the transaction itself.
Key Details
- Transaction date and report: June 1, 2026; Form 4 filed June 2, 2026 (timely filing).
- Transaction type/code: A — grant/award of 18,868 RSUs at $0.00.
- Vesting: RSUs vest on the earlier of (i) the next annual meeting of stockholders after grant or (ii) June 1, 2027, subject to continued service (footnote F1).
- Shares owned after transaction: Not specified in the Form 4 for total beneficial ownership; footnote F2 notes some shares are held by a holding company controlled by Mr. York.
- No 10b5-1 plan, tax-withholding sale, or late filing indicated in the report.
Context
- These RSUs are the annual equity retainer under Grocery Outlet’s non-employee director compensation policy — a routine form of director compensation rather than a market buy or sell. RSUs convert into shares only upon vesting (subject to service conditions), so this award does not indicate an immediate change in market holdings or a buy/sell decision.