Greystone Logistics, Inc.
- GLGI · OTC
- Special Industry Machinery, NEC
- Tulsa, OK
- 82 employees
- CIK 0001088413
Updated from SEC filings through
Top things to know
Revenue, FY2026$27.5M-52.4% vs FY2025Operating margin-28.2%Operating income -$7.8MEmployees82As of May 31, 2026Next earningsJanuary 14, 2027AnnouncedLatest 8-KDeparture or appointment of directors or officers; compensationFiled November 2, 2026Leadership changeItem 5.02 filedNovember 2, 2026, last 90 days
Executives
- Warren F. Kruger CEO & CFO 4, 2025-12-22
Greystone Logistics, Inc. is a U.S. public company in special industry machinery, nec (SIC 3559), headquartered in Tulsa, OK. It trades as GLGI on OTC. Revenue was $27.5M in the fiscal year ending May 31, 2026, -52.4% from the year before. It reported about 82 employees. Warren F. Kruger is CEO & CFO.
Five-year financials
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | $27.5M 10-K, 2026-08-31 | $57.9M 10-K, 2026-08-31 | $61.8M 10-K, 2025-08-29 | $60.8M 10-K, 2024-09-13 | $74.2M 10-K, 2023-08-28 |
| Operating income | -$7.8M 10-K, 2026-08-31 | $4.3M 10-K, 2026-08-31 | $7.1M 10-K, 2025-08-29 | $4.2M 10-K, 2024-09-13 | $2.6M 10-K, 2023-08-28 |
| SG&A | $6.1M 10-K, 2026-08-31 | $6.5M 10-K, 2026-08-31 | $5.2M 10-K, 2025-08-29 | $5.1M 10-K, 2024-09-13 | $5.2M 10-K, 2023-08-28 |
| Net income | -$8.2M 10-K, 2026-08-31 | $2.4M 10-K, 2026-08-31 | $5.0M 10-K, 2025-08-29 | $6.4M 10-K, 2023-08-28 | $4.5M 10-K, 2023-08-28 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Warren F. Kruger Plastic Pallet Manufacturing and Leasing Expert | CEO & CFO | 4, 2025-12-22 |
What Greystone Logistics, Inc. does
Greystone Logistics, Inc. (“Greystone” or the “Company”) was incorporated in Delaware on February 24, 1969, under the name Permaspray Manufacturing Corporation. It subsequently changed its name to Browning Enterprises Inc. in April 1982, to Cabec Energy Corp. in June 1993, to PalWeb Corporation in April 1999 and to Greystone Logistics, Inc. in March 2005, as further described below., a Texas corporation (“PPP”), and since that time, Greystone has primarily been engaged in the business of manufacturing and selling plastic pallets.
Shares and governance
| Shares outstanding | 27.3 million (as of October 15, 2026) | 10-Q, October 15, 2026 |
|---|---|---|
| Public float | $8.6M (as of February 28, 2026) | 10-K, August 31, 2026 |
| Auditor | HoganTaylor LLP (Tulsa, Oklahoma) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| December 22, 2025 | Warren F. Kruger CEO & CFO | Buy | 17,500 | $10K | Form 4, December 22, 2025 |
| November 11, 2025 | Warren F. Kruger CEO & CFO | Buy | 5,000 | $4K | Form 4, November 20, 2025 |
| October 15, 2025 | Drew T. Lockard Director | Buy | 64,600 | $79K | Form 4, November 14, 2025 |
Recent 8-K events
- 8-K filed 2026-11-02
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2024-10-10
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2024-06-28
- Item 7.01 Regulation FD disclosure
- 8-K filed 2024-04-17
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2024-04-04
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2024-01-19
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2024-01-02
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2023-10-17
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2022-08-22
- Item 8.01 Other events
- 8-K filed 2022-08-04
- Item 1.01 Entry into a material definitive agreement
Frequently asked questions about Greystone Logistics, Inc.
- What does Greystone Logistics, Inc. do?
- In its own words, from Item 1 of its 10-K: "Greystone Logistics, Inc. (“Greystone” or the “Company”) was incorporated in Delaware on February 24, 1969, under the name Permaspray Manufacturing Corporation. It subsequently changed its name to Browning Enterprises Inc. in April 1982, to Cabec Energy Corp. in June 1993, to PalWeb Corporation in April 1999 and to Greystone Logistics, Inc. in March 2005, as further described below., a Texas corporation (“PPP”), and since that time, Greystone has primarily been engaged in the business of manufacturing and selling plastic pallets."
- What is Greystone Logistics, Inc.'s revenue?
- $27.5M for the fiscal year ending May 31, 2026, from its 10-K filed August 31, 2026.
- Is Greystone Logistics, Inc. profitable?
- Greystone Logistics, Inc. reported net income of -$8.2M for the fiscal year ending May 31, 2026.
- How many employees does Greystone Logistics, Inc. have?
- About 82 as of May 31, 2026, as stated in its annual report.
- Who is the CEO of Greystone Logistics, Inc.?
- Warren F. Kruger, CEO & CFO, as named in a 4 filed December 22, 2025.
- Who is the CFO of Greystone Logistics, Inc.?
- Warren F. Kruger, CEO & CFO, as named in a 4 filed December 22, 2025.
- Where is Greystone Logistics, Inc. headquartered?
- Tulsa, OK.
- What is Greystone Logistics, Inc.'s stock ticker?
- GLGI on OTC.
- What industry is Greystone Logistics, Inc. in?
- Special Industry Machinery, NEC, SIC code 3559.
- What is Greystone Logistics, Inc.'s website?
- greystonelogistics.com. Investor relations: https://www.greystonelogistics.com/investor-relations.php.
- When does Greystone Logistics, Inc. report earnings next?
- January 14, 2027. Source: estimate_10q_cadence.
- Is Greystone Logistics, Inc. a public company?
- Yes. Greystone Logistics, Inc. files with the SEC under CIK 0001088413 and trades as GLGI.
- Who audits Greystone Logistics, Inc.?
- HoganTaylor LLP, Tulsa, Oklahoma, as named in its latest annual report (10-K).
- How many shares of Greystone Logistics, Inc. are outstanding?
- 27.3 million shares as of October 15, 2026, from its 10-Q filed October 15, 2026.
- What is Greystone Logistics, Inc.'s public float?
- $8.6M as of February 28, 2026, as reported on the cover of its 10-K filed August 31, 2026.
- Have Greystone Logistics, Inc. insiders traded stock recently?
- Since October 15, 2025, officers and directors reported 0 open-market sales and 3 purchases worth about $93K on Forms 4 and 5. The most recent: Warren F. Kruger (CEO & CFO) bought 17,500 shares on December 22, 2025.