Form 4: Grid Dynamics Officer Sells Shares Under 10b5-1 Plan

Grid Dynamics Holdings, Inc. Chief Operating Officer Yury Gryzlov sold 1,245 shares of common stock for $6.29 per share, as part of a pre-arranged trading plan.

Summary

• Yury Gryzlov, Chief Operating Officer of Grid Dynamics Holdings, Inc., sold 1,245 shares of common stock.
• The transaction occurred on July 2, 2026, with shares sold at a price of $6.29 each.
• These shares were sold under a Rule 10b5-1 trading plan adopted by Mr. Gryzlov on November 13, 2025.
• Following the transaction, Mr. Gryzlov beneficially owns 512,017 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 10b5-1 plan, indicating it was not based on non-public information.

Negatives

• Sale of company stock by a key executive, which could be perceived negatively by the market.

Risks

• The sale of shares under a 10b5-1 plan is a pre-arranged transaction, but market perception of insider selling can still impact stock price.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that insider selling, even under a Rule 10b5-1 plan, is a common event for executives and can sometimes be interpreted by the market as a signal, though the plan's existence mitigates concerns about opportunistic trading.

Corporate Governance

Stakeholder Impact

• Shareholders: May interpret the sale as a negative signal, although the 10b5-1 plan mitigates concerns about insider knowledge.

Key Dates

Keywords

Grid Dynamics Holdings, GDYN, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Yury Gryzlov, Chief Operating Officer