Form 4: Grove Collaborative Holdings CEO Jeffrey Yurcisin Reports Stock Transactions

Jeffrey Yurcisin, President & CEO of Grove Collaborative Holdings, reports transactions involving Class A Common Stock and Restricted Stock Units.

Summary

• On February 15, 2025, Jeffrey Yurcisin, the President & CEO of Grove Collaborative Holdings, executed transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• Yurcisin acquired 21,250 shares of Class A Common Stock through the vesting of RSUs.
• He also acquired 2,500 shares of Class A Common Stock through the vesting of RSUs.
• 6,386 shares were withheld by the company to cover tax obligations at a price of $1.69.
• 752 shares were withheld by the company to cover tax obligations at a price of $1.69.
• Following these transactions, Yurcisin directly owns 214,451 shares of Class A Common Stock and 27,500 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The vesting of RSUs indicates that performance milestones or time-based vesting requirements have been met.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.

Key Dates

Keywords

Form 4, insider trading, Jeffrey Yurcisin, Grove Collaborative Holdings, GROV, Class A Common Stock, Restricted Stock Units, RSU, President & CEO, beneficial ownership