Form 4: Grove Collaborative Holdings Director John B. Replogle Reports Stock Transactions

Director John B. Replogle reports acquisition of Class A Common Stock through vesting of Restricted Stock Units.

Summary

• On August 15, 2024, John B. Replogle, a director of Grove Collaborative Holdings, Inc., acquired shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
• Specifically, 3,920 shares vested according to the vesting schedule of 30% on November 15, 2022, followed by 7.5% quarterly for one year and then 5% quarterly for two years.
• An additional 3,093 shares vested, with the remaining RSUs vesting in equal installments on February 15, May 15, August 15, and November 15 until fully vested on November 15, 2025.
• Following these transactions, Replogle directly owns 395,853 shares of Class A Common Stock and indirectly owns 53 shares through Replogle Family LLC.
• He also directly owns 15,465 and 19,603 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

• The vesting of RSUs indicates continued service and commitment of the director to the company.

Industry Context

This filing is a routine disclosure of insider transactions, which are common and legally required for company directors and officers.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the effect is likely minimal.

Key Dates