Form 4: GROV Director Converts RSUs to Class A Stock
Insider Transaction Report
Grove Collaborative Holdings, Inc. Director David A. Glazer converted 1,959 Restricted Stock Units into Class A Common Stock on August 15, 2025.
Summary
- David A. Glazer, a Director at Grove Collaborative Holdings, Inc. (GROV), converted 1,959 Restricted Stock Units (RSUs) into Class A Common Stock.
- This transaction occurred on August 15, 2025.
- Following this conversion, Glazer directly beneficially owns 158,077 shares of Class A Common Stock.
- He also retains 1,968 Restricted Stock Units.
- Each RSU represents a contingent right to receive one share of Class A Common Stock.
- The RSUs vest 25% on November 15, 2022, and then in quarterly installments for the subsequent 36 months.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction (RSU conversion) which is a standard compensation event and does not indicate significant positive or negative news for the company's operational or financial performance.
Positives
- Director David A. Glazer increased his direct beneficial ownership of Class A Common Stock by 1,959 shares through the conversion of Restricted Stock Units, aligning his interests further with shareholders.
Future Outlook
The remaining Restricted Stock Units are scheduled to vest in quarterly installments over 36 months following November 15, 2022.
Industry Context
This filing is a routine insider transaction report and does not provide broader industry context or trends.
Related Party Transactions
- Conversion of Restricted Stock Units by a Director, which is a transaction between the company and a related party (insider).
Stakeholder Impact
- Shareholders: The transaction represents a routine change in insider ownership, with a director increasing their direct equity stake, which can be viewed as a positive alignment of interests.
Next Steps
- Continued vesting of remaining Restricted Stock Units in quarterly installments over 36 months from November 15, 2022.
Key Dates
| Date | Description |
|---|---|
| 11/15/2022 | Initial vesting date for 25% of the Restricted Stock Units. |
| 08/15/2025 | Date of transaction where 1,959 Restricted Stock Units were converted to Class A Common Stock. |
| 08/19/2025 | Date the Form 4 was signed by the Attorney-in-Fact for David A. Glazer. |
Keywords
Grove Collaborative Holdings, GROV, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Conversion, Class A Common Stock, Director Stock Ownership, David A. Glazer
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