Form 4: Grid Dynamics CFO Executes Tax-Related Share Withholding

CFO Anil Doradla disposed of 2,108 shares of Grid Dynamics Holdings, Inc. to satisfy tax obligations related to restricted stock units.

Summary

• Anil Doradla, Chief Financial Officer of Grid Dynamics Holdings, Inc., reported the disposition of 2,108 shares of common stock.
• The transaction occurred on April 1, 2026, at a price of $5.64 per share.
• The shares were withheld by the company to satisfy tax withholding and remittance obligations associated with the net settlement of restricted stock units.
• Following this transaction, the reporting person maintains a beneficial ownership of 400,845 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine tax-related transaction rather than a change in management sentiment or company outlook.

Positives

• The transaction is a routine administrative action related to tax obligations rather than a discretionary sale of equity.

Negatives

• Reduction in the total number of shares held directly by the Chief Financial Officer.

Risks

• None identified; this is a standard regulatory filing for tax withholding.

Future Outlook

Not applicable; this is a retrospective disclosure of a specific equity transaction.

Industry Context

StockSavvy.ai notes that net settlement of restricted stock units is a standard industry practice for executives to manage tax liabilities arising from equity compensation vesting.

Comparison to Industry Standards

• The transaction aligns with standard corporate governance practices for executive compensation and tax compliance.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a standard tax-related net settlement.

Next Steps

• No further actions required by the reporting person regarding this specific transaction.

Key Dates

Keywords

Grid Dynamics, GDYN, Form 4, Insider Trading, CFO, Tax Withholding