4/A: Grid Dynamics Holdings CEO Ownership Update

Grid Dynamics Holdings CEO Leonard Livschitz amends prior filing to correct a clerical error regarding withheld shares for tax obligations.

Summary

• This filing is an amendment to a previous Form 4 filed by Leonard Livschitz, CEO of Grid Dynamics Holdings, Inc.
• The amendment corrects a clerical error from the initial filing on July 2, 2026.
• The transaction date referenced is July 1, 2026.
• 35,968 shares of common stock were involved in a transaction coded 'F', with a price of $6.24.
• Following the transaction, the reporting person beneficially owns 3,355,528 shares directly.
• An additional 11,260 shares are beneficially owned indirectly and held by the reporting person's spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it is an administrative amendment to correct a clerical error in an insider transaction disclosure and does not contain new financial or strategic information.

Positives

• The CEO continues to hold a significant direct beneficial ownership of 3,355,528 shares.
• Indirect ownership through a spouse indicates continued family commitment to the company's stock.

Negatives

• The need for an amendment suggests a minor administrative oversight in the initial filing.

Risks

• The filing mentions shares withheld to satisfy tax withholding and remittance obligations, which could imply a tax liability for the reporting person.

Future Outlook

No specific forward-looking statements or guidance are provided in this amendment to a Form 4 filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and amendments typically correct administrative errors rather than indicating significant strategic shifts. The details provided are specific to individual ownership and do not offer broad company performance insights.

Stakeholder Impact

• Shareholders: The amendment clarifies ownership details, reinforcing transparency. The transaction itself, involving tax withholding, is a personal financial matter for the CEO and not directly indicative of company performance.

Key Dates

Keywords

Grid Dynamics Holdings, GDYN, Form 4, SEC Filing, Insider Trading, Beneficial Ownership, CEO, Leonard Livschitz, Stock Transaction, Tax Withholding