Form 4: Grid Dynamics CFO Anil Doradla Sells 3,000 Shares Under 10b5-1 Trading Plan

Anil Doradla, CFO of Grid Dynamics Holdings, Inc., sold 3,000 shares of common stock at a weighted average price of $22.12 on January 7, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On January 7, 2025, Anil Doradla, the Chief Financial Officer of Grid Dynamics Holdings, Inc., sold 3,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $22.12 per share.
• The transactions occurred at prices ranging from $21.90 to $22.36.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on August 7, 2024.
• Following the transaction, Doradla directly owns 343,012 shares of Grid Dynamics Holdings, Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports a stock sale under a pre-existing trading plan, which is a routine activity.

Industry Context

Sales by company executives are a normal part of corporate governance. The use of a 10b5-1 trading plan allows insiders to sell shares over a period of time and can reduce concerns about trading on inside information.

Stakeholder Impact

• The sale of shares by a company executive could have a minor impact on shareholder sentiment.

Key Dates