Director Andrew Rose filed a Form 4 with the SEC on November 4, 2026, disclosing the acquisition of 320.16 phantom stock units in Greif, Inc. (NYSE:GEF, NYSE:GEF-B) on November 2, 2026.
Key Highlights
- Reporting person: Andrew Rose, identified as a Director of Greif, Inc.
- Transaction date: November 2, 2026, with 320.16 phantom stock units acquired (transaction code A).
- Price of derivative security: $81.99 per unit, with each phantom stock unit described as the economic equivalent of one share of Class A Common Stock.
- Post-transaction holdings: Rose beneficially owned 3,992.8 phantom stock units following the reported transaction, held directly.
- Dividend units included: The total includes 28.39 units received on October 1, 2026, in lieu of cash dividends on outstanding phantom units.
- Settlement terms: The units are to be settled in cash upon the earlier of a future fixed date designated by Rose or termination from the Board due to retirement, death, disability, or other reason.
Greif Director Rose Adds Phantom Stock Units as Director Compensation
According to the Form 4 filing, Andrew Rose, a Director of Greif, Inc., acquired 320.16 phantom stock units (cash-only rights) on November 2, 2026. The filing identifies these as derivative securities with a conversion or exercise price of $0 and an underlying security of Class A Common Stock. The price of the derivative security is listed as $81.99 per unit in the filing.
The filing states that each phantom stock unit "is the economic equivalent of one share of Class A Common Stock of Greif, Inc." Settlement is to occur in cash, triggered by the earlier of a future fixed date designated by Rose at the time of the deferral election, or Rose's termination from the Board due to retirement, death, disability, or other reason. The units carry no direct exercise date or expiration date as conventionally defined, per the filing's disclosure.
Following the reported transaction, Rose's total beneficial ownership of phantom stock units stands at 3,992.8 units, held in direct form. The filing notes that this total includes 28.39 units received on October 1, 2026, in lieu of payment of dividends on outstanding phantom units, with dividends on one phantom unit described as equivalent in value to dividends paid on one share of Class A Common Stock. The form was signed by L. Dennis Hoffman, Jr. pursuant to a power of attorney filed with the Commission.
What Was Disclosed
Greif, Inc. Director Andrew Rose disclosed the acquisition of 320.16 phantom stock units on November 2, 2026, at $81.99 per unit, bringing total beneficial holdings to 3,992.8 units. The units are cash-settled derivative securities tied to Class A Common Stock.



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