4Accepted Aug 24, 6:03 PM ET
Grocery Outlet (GO) EVP Frank Kerr Sells 1,432 Shares
Accepted (ET)
6:03 PM
Aug 24, 2026
Filed
Aug 24, 2026
Documents
1
Size
4.9 KB
Summary
Grocery Outlet (GO) EVP Frank Kerr Sells 1,432 Shares
What Happened Frank Michael Kerr, EVP & Chief Store Operations Officer of Grocery Outlet Holding Corp. (GO), sold 1,432 shares in an open-market/private sale on 2026-08-21 at $11.30 per share, generating proceeds of $16,182. The sale was marked as a disposition and was executed to cover tax withholding related to vested restricted stock units (RSUs), a routine post-vesting action rather than an independent investment decision.
Key Details
- Transaction date and price: 2026-08-21 — 1,432 shares sold at $11.30 each (total ~$16,182).
- Filing: Form 4 filed 2026-08-24 (timely relative to the transaction).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote: Sale made to satisfy the reporting person's tax withholding obligation upon vesting of previously granted RSUs (F1).
- Transaction code: S = Sale; footnote indicates tax-withholding disposition (common with RSU vesting).
Context Sales to satisfy tax withholding on vested RSUs are common and typically routine; they do not necessarily indicate negative sentiment about the company. For retail investors, outright purchases or large unscheduled sales tend to be more informative about insider conviction. This filing documents a tax-related disposition rather than a new investment or opportunistic sale.