Form 4: Grid Dynamics Holdings Officer Gryzlov Yury Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Yury Gryzlov, Chief Operating Officer of Grid Dynamics Holdings, reports the disposal of 7,012 common stock shares to cover tax obligations related to restricted stock units.
Summary
- On January 1, 2025, Yury Gryzlov, the Chief Operating Officer of Grid Dynamics Holdings, disposed of 7,012 shares of common stock.
- The disposal was executed to satisfy tax withholding and remittance obligations related to the net settlement of restricted stock units granted on January 1, 2024.
- The price per share was $22.24.
- Following the transaction, Gryzlov directly owns 414,009 shares of Grid Dynamics Holdings common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It doesn't necessarily reflect a change in the company's overall performance or outlook.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 01/01/2024 | Date of restricted stock units grant to the Reporting Person |
| 01/01/2025 | Date of stock disposal for tax obligations |
| 01/06/2025 | Date of signature on the Form 4 filing |
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