MILLER CHRISTOPHER M 4
4 · Grocery Outlet Holding Corp. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Grocery Outlet (GO) CFO Christopher Miller Receives Equity Award
What Happened Christopher M. Miller, Chief Financial Officer of Grocery Outlet Holding Corp. (GO), received equity awards on March 12, 2026. The filing reports 49,022 restricted stock units (RSUs) granted (valued as compensation; acquisition price reported $0.00) and 73,533 performance-based RSUs (PSUs) reported as a derivative award (price N/A). These are grants as part of compensation, not open-market purchases or sales.
Key Details
- Transaction date: March 12, 2026; Form 4 filed March 16, 2026 (appears timely).
- Award types/sizes: 49,022 RSUs (grant, $0.00 per share) and 73,533 PSUs (derivative award; price N/A).
- Vesting for the 49,022 RSUs: vest in three equal installments on March 1 of 2027, 2028 and 2029, subject to continued service (Footnote F1).
- PSUs (73,533): performance-based, tied to specified share-price goals over a three-year performance period ending at fiscal 2028 year-end; payout range 0–200% depending on achievement; vesting subject to Compensation Committee certification and continued service (Footnote F2).
- Shares owned after transaction: not disclosed in the provided filing details.
- Transaction code: A = Award/Grant; this is compensation, not a purchase (P) or sale (S).
Context These awards are standard equity compensation and should be viewed as part of executive pay rather than an immediate market signal—PSUs only convert to shares if performance goals are met and vesting conditions satisfied. There was no exercise-and-sale or open-market trade reported.
Insider Transaction Report
- Award
Performance Stock Unit
[F2]2026-03-12+73,533→ 73,533 total→ Common Stock (73,533 underlying) - Award
Common Stock
[F1]2026-03-12+49,022→ 87,697 total
Footnotes (2)
- [F1]Represents 49,022 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.