Insider Kurt Schoen of GPGI, Inc. (GPGI) buys 4,000 shares

Rhea-AI Filing Summary

GPGI, Inc. officer Kurt Schoen reported an open-market purchase of 4,000 shares of Class A Common Stock at $12.58 per share on May 13, 2026. Following this transaction, he directly owns 586,317 shares. This figure includes previously granted restricted stock units that will vest in installments between October 1, 2027 and October 1, 2031, which were noted as having been inadvertently omitted from an earlier Form 4.

Insider Trade Summary

Net Buyer: 4,000 shares ($50,320)

Net Buy 1 txn

Insider Schoen Kurt

Role See remarks

Bought 4,000 shs ($50K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock	4,000	$12.58	$50K

Holdings After Transaction: Class A Common Stock — 586,317 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares purchased: 4,000 shares Purchase price: $12.58 per share Shares owned after: 586,317 shares +2 more

5 metrics

Shares purchased 4,000 shares Open-market buy on May 13, 2026

Purchase price $12.58 per share Class A Common Stock transaction price

Shares owned after 586,317 shares Direct holdings following reported transaction

RSUs grant A 488,889 RSUs Granted Oct 1, 2024; vest in 2027, 2029, 2031

RSUs grant B 82,928 RSUs Granted Oct 1, 2024; vest across 2027, 2029, 2031

Key Terms

open-market purchase, restricted stock units ("RSUs"), vesting, settled into Class A Common Stock, +1 more

5 terms

open-market purchase financial

"reported an open-market purchase of 4,000 shares of Class A Common Stock"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

restricted stock units ("RSUs") financial

"shares of Class A Common Stock underlying restricted stock units ("RSUs") that were originally granted"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

vesting financial

"which will vest in three equal installments on October 1, 2027, October 1, 2029 and October 1, 2031"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

settled into Class A Common Stock financial

"The RSUs will be settled into Class A Common Stock upon vesting"

withheld to pay applicable taxes financial

"may be settled net of shares withheld to pay applicable taxes"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Schoen Kurt

(Last) (First) (Middle)

C/O GPGI, INC.

309 PIERCE STREET

(Street)

SOMERSET NEW JERSEY 08873

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GPGI, Inc. [ GPGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/13/2026		P		4,000	A	$12.58	586,317(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes (A) 14,500 shares of Class A Common Stock owned by the reporting person, (B) 488,889 shares of Class A Common Stock underlying restricted stock units ("RSUs") that were originally granted on October 1, 2024 and which will vest in three equal installments on October 1, 2027, October 1, 2029 and October 1, 2031 and (C) 82,928 shares of Class A Common Stock underlying RSUs that were originally granted on October 1, 2024 and which will vest as to 27,643 shares on each of October 1, 2027 and October 1, 2029 and as to 27,642 shares on October 1, 2031, subject in each case to the reporting person's continued service as of the applicable vesting date. The RSUs will be settled into Class A Common Stock upon vesting and may be settled net of shares withheld to pay applicable taxes. The RSUs were inadvertently omitted from the reporting person's prior Form 4.

Remarks:

Principal financial officer and principal accounting officer

	/s/ David A.P. Marshall, Attorney-in-Fact for Kurt Schoen	05/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did GPGI officer Kurt Schoen report on Form 4?

Kurt Schoen reported buying 4,000 shares of GPGI Class A Common Stock in an open-market transaction at $12.58 per share. This increases his reported direct holdings and provides transparency into his equity position in the company.

How many GPGI shares does Kurt Schoen hold after the reported purchase?

After the transaction, Kurt Schoen is shown holding 586,317 shares of GPGI Class A Common Stock. This total includes time-vested restricted stock units that will convert into shares on future vesting dates, assuming continued service.

At what price did Kurt Schoen buy GPGI Class A Common Stock shares?

He bought 4,000 GPGI Class A Common Stock shares at an average price of $12.58 per share. This per-share price reflects the cost of the open-market purchase reported for May 13, 2026 in the Form 4.

What restricted stock units (RSUs) are reported for Kurt Schoen at GPGI?

The filing notes 488,889 RSUs granted on October 1, 2024 vesting in three equal installments in 2027, 2029, and 2031, plus 82,928 RSUs vesting in three tranches across those same years, subject to continued service.

Why does the GPGI Form 4 mention previously omitted RSUs for Kurt Schoen?

The footnote explains these RSUs were inadvertently omitted from a prior Form 4 for Kurt Schoen. They are now described as part of his reported equity position, improving completeness of disclosed ownership information for investors.