Form 4: Grid Dynamics COO Sells Shares Under 10b5-1 Plan
Statement of Changes in Beneficial Ownership
Grid Dynamics Holdings, Inc. Chief Operating Officer Yury Gryzlov sold 1,245 shares of common stock for $5.54 per share under a pre-arranged trading plan.
Summary
- Yury Gryzlov, Chief Operating Officer of Grid Dynamics Holdings, Inc., sold 1,245 shares of common stock on April 2, 2026.
- The sale was executed at a price of $5.54 per share.
- These shares were sold as part of a Rule 10b5-1 trading plan, which was adopted on November 13, 2025.
- Following the transaction, Gryzlov beneficially owns 520,482 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted under a pre-arranged Rule 10b5-1 plan, indicating it was planned in advance and not based on current non-public information.
Negatives
- Insider selling can sometimes be perceived negatively by the market, although this sale was conducted under a pre-established trading plan.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that insider sales under Rule 10b5-1 plans are common for executives to diversify holdings or manage personal finances, and are generally viewed as less concerning than unsolicited sales.
Stakeholder Impact
- Shareholders: The sale of shares by a key executive may lead to short-term market scrutiny, though the pre-planned nature of the transaction mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 11/13/2025 | Date Rule 10b5-1 trading plan was adopted by the Reporting Person. |
| 04/02/2026 | Date of earliest transaction and transaction date for the sale of common stock. |
Keywords
Grid Dynamics Holdings, GDYN, Form 4, Insider Trading, Stock Sale, Rule 10b5-1, Yury Gryzlov, Chief Operating Officer
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