Delly Matthew Patrick 4
4 · Grocery Outlet Holding Corp. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Grocery Outlet (GO) EVP Delly Matthew Patrick Receives Equity Awards
What Happened Delly Matthew Patrick, EVP & Chief Merchandising & Purchasing Officer of Grocery Outlet Holding Corp. (GO), received equity awards on March 12, 2026: 43,494 restricted stock units (RSUs) and 65,241 performance-based restricted stock units (PSUs). The RSUs are recorded at $0.00 (no cash paid) and the PSUs are a derivative award with no immediate dollar value reported.
Key Details
- Transaction date: March 12, 2026. Transaction type: Award/Grant (code A).
- RSUs: 43,494 units; acquisition reported at $0.00; each RSU converts to one share upon vesting.
- PSUs: 65,241 units (performance-based); reported as derivative with price N/A. PSU payout may range from 0–200% of the reported amount depending on performance.
- Vesting: RSUs vest in three equal installments on March 1 of 2027, 2028 and 2029, subject to continued service. PSUs vest after a three-year performance period ending with fiscal 2028 and only upon Compensation Committee certification and continued service.
- Shares owned after the transaction: not specified in this filing.
- No indication in the filing of a 10b5-1 plan, tax withholding sale, or that the award was a gift.
Context These awards are compensation grants rather than open-market purchases or sales. RSUs provide time-based equity retention; PSUs are tied to future performance metrics (share-price goals over a multi-year period) and may pay out between 0% and 200% of the target amount. Such grants are common for executive compensation and do not alone indicate immediate buy/sell sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-12+43,494→ 43,494 total - Award
Performance Stock Unit
[F2]2026-03-12+65,241→ 65,241 total→ Common Stock (65,241 underlying)
Footnotes (2)
- [F1]Represents 43,494 restricted stock units ("RSUs") granted on March 12, 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 March 1 of each of 2027, 2028 and 2029, subject to the reporting person's completion of each 12 month period 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.