Grocery Outlet Holding Corp.·4

Mar 17, 5:52 PM ET

Bortner Andrea Renee 4

Research Summary

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Grocery Outlet (GO) Trustee Andrea Bortner Sells 3,705 Shares

What Happened
Andrea Renee Bortner, a trustee of the Bortner Family Trust, reported a sale of 3,705 shares of Grocery Outlet Holding Corp. (GO) on 2026-03-16. The shares were sold at $6.06 each for total proceeds of $22,452. The filing indicates the sale was to satisfy tax withholding obligations related to vesting performance stock units.

Key Details

  • Transaction date: 2026-03-16; Price: $6.06 per share; Shares sold: 3,705; Total proceeds: $22,452.
  • Transaction type: Sale (code S).
  • Footnote F1: Sale was to satisfy tax withholding on vested performance stock units.
  • Footnote F2: Reflects shares directly held by the Bortner Family Trust, of which Ms. Bortner is a trustee.
  • Filing date: 2026-03-17 (one day after the transaction) — appears timely under Form 4 rules.
  • Shares owned after the transaction: not specified in the provided details.

Context
This was a routine sale to cover tax withholding tied to vested equity, not a market-timed buy or sell intended to signal conviction. Such transactions are common when restricted or performance awards vest and do not necessarily reflect the trustee's view on company prospects.