Grocery Outlet EVP Sells $20,755 in Stock

Insider transaction represents 3.56% decrease in executive's ownership

Mar. 17, 2026 at 11:12pm

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Grocery Outlet Holding Corp. (NASDAQ:GO) Executive Vice President Luke Thompson sold 3,425 shares of the company's stock on March 16, 2026 for a total transaction value of $20,755.50. Following the sale, Thompson now directly owns 92,813 shares in the company, valued at approximately $562,446.78.

Why it matters

Insider transactions, such as stock sales by company executives, can provide insights into management's views on the company's prospects and valuation. This sale by the Grocery Outlet EVP represents a decrease of 3.56% in his personal ownership stake, which may signal a shift in his confidence or outlook for the company.

The details

The stock was sold at an average price of $6.06 per share. The transaction was disclosed in a filing with the Securities and Exchange Commission. Grocery Outlet's stock price has declined from a 52-week high of $19.41 to the current trading price of around $5.87 per share.

  • The stock sale occurred on Monday, March 16, 2026.

The players

Luke Thompson

Executive Vice President of Grocery Outlet Holding Corp.

Grocery Outlet Holding Corp.

A specialty discount retailer that offers consumers deeply discounted groceries by purchasing excess inventory, closeouts, and overstocks from manufacturers and distributors.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

This insider sale by the Grocery Outlet EVP, representing a 3.56% decrease in his ownership stake, could signal a shift in management's confidence or outlook for the company, which has seen its stock price decline significantly from its 52-week high.