Form 4: Grid Dynamics Holdings COO Yury Gryzlov Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Yury Gryzlov, Chief Operating Officer of Grid Dynamics Holdings, sold 737 shares of common stock at $14.8 per share on April 3, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On April 3, 2025, Yury Gryzlov, the Chief Operating Officer of Grid Dynamics Holdings, sold 737 shares of the company's common stock.
- The sale was executed at a price of $14.8 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on November 21, 2024.
- Following the transaction, Gryzlov directly owns 478,269 shares of Grid Dynamics Holdings.
- The filing was signed by Anil Doradla, by power of attorney, on April 7, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-existing trading plan, with no indication of positive or negative implications for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company.
Stakeholder Impact
- The stock sale by a company executive could have a minor negative impact on shareholder sentiment, but the effect is likely to be minimal given the relatively small number of shares sold and the existence of a pre-arranged trading plan.
Key Dates
| Date | Description |
|---|---|
| 2024/11/21 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| 2025/04/03 | Date of the transaction (stock sale) |
| 2025/04/07 | Date of signature on the Form 4 filing |
Keywords
Form 4, Grid Dynamics Holdings, GDYN, Yury Gryzlov, Chief Operating Officer, Stock Sale, Rule 10b5-1, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.