Form 4: Grid Dynamics COO Yury Gryzlov Sells Shares Under 10b5-1 Trading Plan

Yury Gryzlov, COO of Grid Dynamics Holdings, Inc., sold 10,306 shares of common stock on March 4, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 4, 2025, Yury Gryzlov, the Chief Operating Officer of Grid Dynamics Holdings, Inc., sold 10,306 shares of the company's common stock.
• The sale was executed under a Rule 10b5-1 trading plan adopted on November 21, 2024.
• The shares were sold at a weighted average price of $18.66, with individual transaction prices ranging from $18.24 to $19.22.
• Following the transaction, Gryzlov directly owns 482,759 shares of Grid Dynamics Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an insider under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by company insiders are a common occurrence and are often pre-planned using Rule 10b5-1 trading plans to avoid accusations of trading on non-public information. The market typically views these sales in the context of the overall health and prospects of the company.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates