GO Grocery Outlet Holding Corp.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 3/4 quarters. Q3 2025: $25M, Q2 2025: $25M, Q1 2025: $6M, Q3 2024: $0M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $25M vs trailing avg $10M (+140%)

What percentage of free cash flow is going to buybacks? Bull: 30-80%. Bear: <10% or >80%.

Negative FCF ($-153M), cannot compute buyback ratio

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 4,099,146 shares = 4.2% of 97,262,557 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

8 open-market purchases by 5 insiders

• Ragatz Erik D. () bought 125,000 shares at $6.00 on 2026-03-11
• Jaros Carey F. () bought 40,000 shares at $6.26 on 2026-03-10
• York Jeffrey () bought 2,000 shares at $5.72 on 2026-03-09
• York Jeffrey () bought 118,000 shares at $5.82 on 2026-03-09
• Lindberg Eric J. Jr. () bought 275,000 shares at $5.98 on 2026-03-09
• BACHMAN JOHN E. () bought 4,558 shares at $6.45 on 2026-03-06
• BACHMAN JOHN E. () bought 11,442 shares at $6.46 on 2026-03-06
• Ragatz Erik D. () bought 19,000 shares at $14.46 on 2025-05-09

Are insider purchases happening during the same quarters the company is actively buying back stock?

Insider buying coincided with company buybacks in 0 of 4 quarters

Looking at all open-market transactions, are insiders net buyers or net sellers?

Insiders bought $4M, sold $1M (net buying)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected