The size and open-market nature of the director's purchase suggests strong confidence in the company's prospects; traders should watch for follow-on buying or positive operational news.
Price Chart
Executive Summary
A recent insider trading cluster at Grocery Outlet includes a large open-market purchase by director Erik Ragatz, who bought $750,000 worth of shares, alongside a non-cash equity award to executive Kerr Frank Michael. The purchase represents a meaningful commitment given the company's $628M market cap.
Key Financial Metrics
Key Facts
- Director Erik Ragatz purchased 125,000 shares in the open market at $6 per share for a total of $750,000.
- Executive Kerr Frank Michael was awarded 109,512 shares (65,707 + 43,805) at $0, representing a non-cash equity grant.
- Total open-market purchase value: $750,000, or ~0.12% of company's $628M market cap.
- All three transactions occurred within a 2-day window in March 2026.
Financial Impact
$750,000 in open-market buying by a director; no dilution or cash impact from the grant
Risk Factors
- The equity grant to Kerr Frank Michael is a routine compensation event and does not reflect insider conviction.
- Single insider purchases, while positive, can be offset by broader selling if not part of a larger trend.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (3 trades, 7d window) | cluster-GO-1773692145706 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | SC 13G/A | $12.87 $13.30 | ▲ +3.34% | ▲ +3.77% | $13.06 (+1.48%) |
Sep 24, 2026 4w ago | Court Ruling | $11.07 $11.62 | ▲ +4.97% | ▲ +5.19% | $13.06 (+17.98%) |
Sep 4, 2026 7w ago | 144 | $12.38 $11.66 | ▼ −5.82% | ▼ −4.61% | $13.06 (+5.49%) |
Aug 31, 2026 8w ago | Insider Cluster | $12.11 $11.29 | ▼ −6.77% | ▼ −6.85% | $13.06 (+7.84%) |
Aug 24, 2026 9w ago | Insider Cluster | $12.12 $12.11 | ▼ −0.08% | ▲ +0.46% | $13.06 (+7.76%) |
Aug 12, 2026 10w ago | 8-K | $10.80 $11.11 | ▲ +2.87% | ▲ +4.83% | $13.06 (+20.93%) |
Aug 12, 2026 10w ago | Press Release | $10.80 $11.11 | ▼ −2.87% | ▼ −4.83% | $13.06 (−20.93%) |
Jun 29, 2026 17w ago | Insider Buy | $9.98 $10.38 | ▲ +4.01% | ▲ +3.40% | $13.06 (+30.86%) |
Jun 9, 2026 19w ago | 8-K | $9.24 $9.88 | ▼ −6.93% | ▼ −3.49% | $13.06 (−41.34%) |
Jun 9, 2026 19w ago | Press Release | $9.24 $9.88 | ▲ +6.93% | ▲ +3.49% | $13.06 (+41.34%) |
US Market Status
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