Form 4: Grove Collaborative CEO's Future Stock Transactions

Grove Collaborative Holdings, Inc. CEO Jeffrey Yurcisin reported future transactions involving the vesting and tax withholding of Class A Common Stock and Restricted Stock Units.

Summary

• On August 15, 2025, Jeffrey Michael Yurcisin, President & CEO and Director of Grove Collaborative Holdings, Inc., acquired a total of 68,291 shares of Class A Common Stock through the exercise/conversion of Restricted Stock Units (RSUs).
• Specifically, 21,250 shares, 2,500 shares, and 44,541 shares were acquired from separate RSU grants.
• Concurrently, 16,630 shares of Class A Common Stock were disposed of by the Company to meet tax withholding obligations related to the RSU vesting, at a price of $1.49 per share.
• Following these reported transactions, Jeffrey Yurcisin beneficially owns 423,581 shares of Class A Common Stock directly.
• The RSUs represent a contingent right to receive one share of Class A Common Stock.

Sentiment

Score: 6

Explanation: The filing details routine executive compensation activities, specifically the vesting of restricted stock units and subsequent tax-related share dispositions. This is a standard occurrence and does not indicate significant positive or negative operational or financial news, but rather the execution of pre-existing compensation plans.

Positives

• Jeffrey Yurcisin's acquisition of 68,291 shares through RSU vesting demonstrates continued equity interest and alignment with shareholder value.
• The vesting of RSUs is part of a pre-existing compensation plan, indicating stability in executive incentives.

Negatives

• A total of 16,630 shares were disposed of by the Company to cover tax withholding obligations, reducing the net shares received by the executive.

Risks

• The vesting of RSUs is subject to Jeffrey Yurcisin's continued service with the Issuer through each applicable vesting date.
• Some RSU grants include accelerated vesting provisions only upon a change in control if the Reporting Person's services are terminated by the Issuer without cause or the Reporting Person resigns for good reason.

Future Outlook

Future vesting of Restricted Stock Units is scheduled to occur in quarterly installments on February 15th, May 15th, August 15th, and November 15th, subject to continued service. Some RSUs began vesting on May 15, 2024, and August 15, 2024, while others will commence vesting on May 15, 2025.

Industry Context

This filing represents a routine disclosure of insider stock transactions, specifically related to executive compensation through equity awards. Such transactions are common across industries as a mechanism for aligning management incentives with shareholder interests.

Stakeholder Impact

• Shareholders may view the vesting of RSUs as a positive sign of management's continued equity stake and alignment of interests with the company's performance.
• Employees are not directly impacted by this specific filing, but it reflects standard executive compensation practices.

Next Steps

• Continued quarterly vesting of RSUs on February 15th, May 15th, August 15th, and November 15th, subject to the Reporting Person's continued service.

Key Dates

Keywords

Grove Collaborative, GROV, Jeffrey Yurcisin, CEO, Director, Form 4, SEC filing, insider trading, stock transactions, RSU, restricted stock units, equity compensation