Form 4: Grid Dynamics CFO Anil Doradla Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Anil Doradla, CFO of Grid Dynamics Holdings, Inc., reported the disposal of 2,215 shares of common stock to cover tax obligations related to the settlement of restricted stock units.
Summary
- On April 1, 2025, Anil Doradla, the Chief Financial Officer of Grid Dynamics Holdings, Inc., disposed of 2,215 shares of common stock.
- The disposal was executed to satisfy tax withholding and remittance obligations related to the net settlement of restricted stock units.
- The price per share was $15.52.
- Following the transaction, Doradla directly owns 364,603 shares of Grid Dynamics Holdings, Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral. It's a routine transaction related to tax obligations, and there's no indication of any negative implications for the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common reason for stock disposals by executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the stock disposal transaction. |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Grid Dynamics, GDYN, Anil Doradla, CFO, Stock Disposal, Tax Withholding, Restricted Stock Units
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