The estimated Net Worth of S. Mac Gregor Jr. Read is at least $49.3 Million dollars as of 2 June 2022. Mr. Read owns over 250,000 units of Grocery Outlet Corp stock worth over $35,997,258 and over the last 5 years he sold GO stock worth over $9,507,500. In addition, he makes $3,829,730 as Non-Executive Vice Chairman of the Board at Grocery Outlet Corp.
S has made over 12 trades of the Grocery Outlet Corp stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 250,000 units of GO stock worth $9,507,500 on 2 June 2022.
The largest trade he's ever made was exercising 1,357,614 units of Grocery Outlet Corp stock on 12 August 2020 worth over $5,172,509. On average, S trades about 123,493 units every 40 days since 2019. As of 2 June 2022 he still owns at least 2,182,975 units of Grocery Outlet Corp stock.
You can see the complete history of Mr. Read stock trades at the bottom of the page.
S. MacGregor Read Jr. serves as Non-Executive Vice Chairman of the Board of the Company. He served as the Vice Chairman of the Company from January 2019 through April 2020 and has served as a director since January 2006. In April 2020, Mr. Read became the Vice Chairman of our board of directors. From January 2006 to December 2018, Mr. Read served as our Co-Chief Executive Officer. Prior to being appointed Co-Chief Executive Officer, Mr. Read served in various positions with the Company since 1996. Mr. Read and Mr. Lindberg are cousins by marriage. Mr. Read’s extensive knowledge of our operations, finances, strategies and industry garnered over his 23-year tenure with us led to the conclusion that he should serve as a director of Grocery Outlet.
As the Non-Executive Vice Chairman of the Board of Grocery Outlet Corp, the total compensation of S Read at Grocery Outlet Corp is $3,829,730. There are 1 executives at Grocery Outlet Corp getting paid more, with Eric Lindberg having the highest compensation of $4,006,280.
S Read is 49, he's been the Non-Executive Vice Chairman of the Board of Grocery Outlet Corp since 2020. There are 17 older and 4 younger executives at Grocery Outlet Corp. The oldest executive at Grocery Outlet Holding Corp is Norman Matthews, 87, who is the Independent Director.
S's mailing address filed with the SEC is C/O GROCERY OUTLET HOLDING CORP., 5650 HOLLIS STREET, EMERYVILLE, CA, 94608.
Over the last 6 years, insiders at Grocery Outlet Corp have traded over $1,470,236,678 worth of Grocery Outlet Corp stock and bought 387,094 units worth $9,661,378 . The most active insiders traders include Corporate Investors Vii, Lt..., Eric J. Jr. Lindberg und S. Mac Gregor Jr. Read. On average, Grocery Outlet Corp executives and independent directors trade stock every 6 days with the average trade being worth of $2,935,055. The most recent stock trade was executed by Eric J. Jr. Lindberg on 20 August 2024, trading 200,000 units of GO stock currently worth $1,426,000.
grocery outlet inc. (www.groceryoutlet.com) is the leading extreme value retailer in the united states, serving bargain seeking customers since 1946. privately held, grocery outlet generates annual revenues exceeding $1.5 billion and employs ~1000 people across the us. headquartered in emeryville, california, grocery outlet has been family operated for almost 70 years and has a rich history of putting customers and employees first. the grocery outlet bargain market brand currently includes over 220 + independently operated stores in california, nevada, oregon, idaho, washington and pennsylvania. with our broad appeal, grocery outlets are located in large and small cities and in a variety of neighborhoods. the premise is simple: offer quality brand name products with savings of 40% to 60% below traditional retailers and sell them with a 100% satisfaction guarantee. the product selection consists of frozen foods, refrigerated products, produce, fresh meat, general merchandise, health & b
Grocery Outlet Corp executives and other stock owners filed with the SEC include: