Form 4: Grid Dynamics CFO Anil Doradla Sells 2,000 Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Anil Doradla, CFO of Grid Dynamics Holdings, Inc., sold 2,000 shares of common stock at $13.22 per share on April 7, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On April 7, 2025, Anil Doradla, the Chief Financial Officer of Grid Dynamics Holdings, Inc. (GDYN), sold 2,000 shares of the company's common stock.
- The sale was executed at a price of $13.22 per share.
- This transaction was conducted under a Rule 10b5-1 trading plan that Doradla adopted on August 7, 2024.
- Following the transaction, Doradla still directly owns 362,603 shares of Grid Dynamics Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock sale by an executive under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales by insiders are a normal part of corporate activity. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific non-public information at the time of the sale.
Stakeholder Impact
- The sale of shares by a company executive can sometimes be perceived negatively by shareholders, but the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 08/07/2024 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| 04/07/2025 | Date of the transaction (stock sale) |
| 04/09/2025 | Date of signature for the Form 4 filing |
Keywords
Grid Dynamics, GDYN, Anil Doradla, CFO, Form 4, Stock Sale, Rule 10b5-1, Insider Trading
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