Ferry Ian Daniel 4

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.