Ferry Ian Daniel 4
4 · Grocery Outlet Holding Corp. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Grocery Outlet (GO) CFO Ian Ferry Receives Stock Awards
What Happened
Ian Ferry, EVP, Chief Financial Officer and Treasurer of Grocery Outlet Holding Corp. (ticker: GO), was granted equity awards on June 15, 2026. The filing reports 12,893 restricted stock units (RSUs) granted at $0.00 (time‑based awards) and 19,339 performance‑based RSUs (PSUs) reported as a derivative award (value contingent on performance). The RSUs have a stated acquisition value of $0; the PSUs are reported as N/A because payout depends on future achievement.
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 16, 2026 (timely — within the required reporting window).
- Transaction code: A (award/grant).
- RSUs: 12,893 RSUs; acquisition price $0.00; vest in three equal installments on May 20 of 2027, 2028 and 2029, subject to continued service.
- PSUs: 19,339 PSUs; reported value N/A — payout is performance‑based (each PSU can convert to one share); could pay 0–200% of target depending on achievement of specified share price goals over a three‑year performance period ending with fiscal 2028. Vesting occurs after Compensation Committee certification and continued service.
- Shares owned after transaction: not disclosed in the provided excerpt.
- No indication of a sale or purchase — these are compensation grants, not open‑market trades.
Context
RSUs are time‑based awards that convert to shares only if the executive remains employed through the vesting dates. PSUs are contingent on meeting performance targets and therefore may result in 0–200% of the target number of shares. Such awards are standard long‑term incentive compensation and do not by themselves indicate that an insider is buying or selling shares for immediate investment reasons.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-15+12,893→ 114,196 total - Award
Performance Stock Unit
[F2]2026-06-15+19,339→ 19,339 total→ Common Stock (19,339 underlying)
Footnotes (2)
- [F1]Represents 12,893 restricted stock units ("RSUs") granted on June 15, 2026 to the reporting person that will entitle the reporting person to receive one share of the Issuer's Common Stock per RSU. The RSUs will vest in three equal installments on May 20 of each of 2027, 2028 and 2029, subject to the reporting person's completion of service through such vesting dates.
- [F2]Represents a grant of performance-based RSUs ("PSUs"). Each PSU represents a right to receive one share of the Issuer's common stock upon vesting. The PSUs are earned based on the achievement of specified share price goals for specified time periods during a three-year performance period ending on the last day of the Issuer's fiscal year 2028. The Reporting Person could earn 0-200% of the amount reported depending on the level of performance achieved. The PSUs will vest upon the certification of achievement by the Compensation Committee of the Board of Directors of the Issuer following the end of the performance period, subject to the Reporting Person's continued employment or service with the Issuer as contemplated in the PSU Award Agreement.