Bortner Andrea Renee 4

What Happened Andrea Renee Bortner, EVP and Chief Human Resources Officer of Grocery Outlet Holding Corp. (GO), sold 1,851 shares on April 1, 2026 at $7.00 per share, for total proceeds of $12,957. This was a sale (not a purchase), which is often routine insider selling rather than a buy signal.

Key Details

• Transaction date: 2026-04-01; filing date: 2026-04-02. No late filing is indicated in this Form 4.
• Price and proceeds: 1,851 shares × $7.00 = $12,957.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes: Sale was effected under a previously adopted Rule 10b5-1 trading plan (adopted Nov 10, 2025). Reported sale reflects shares directly held by the Bortner Family Trust, of which Ms. Bortner is a trustee.

Context A 10b5-1 plan allows insiders to sell shares according to a pre-set schedule and is commonly used to avoid questions about timing. Because this transaction is a sale and involved a trust holding, it should be interpreted as routine insider liquidity rather than a direct signal about company outlook.