Form 4: Grove Collaborative Holdings Director Naytri Shroff Sramek Reports Stock Transactions
SEC Form 4 Filing
Director Naytri Shroff Sramek reports acquisition of Class A Common Stock through vesting of Restricted Stock Units.
Summary
- On May 15, 2025, Naytri Shroff Sramek, a director of Grove Collaborative Holdings, acquired 21,243 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
- Additionally, Sramek acquired 43,692 shares of Class A Common Stock through the vesting of additional RSUs on the same date.
- Following these transactions, Sramek directly owns 139,639 shares of Class A Common Stock.
- The RSUs represent a contingent right to receive one share of Class A Common Stock.
- Some RSUs vested in prior years and some will fully vest on the earlier of May 15, 2025, or the date of the 2025 Annual Meeting of Stockholders.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and expected for directors and officers of publicly traded companies. It provides transparency into their holdings and trading activities.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 05/15/2023 | Date or date of the 2023 Annual Meeting of Stockholders, when 1/3 of some RSUs vested. |
| 05/15/2024 | Date or date of the 2024 Annual Meeting of Stockholders, when 1/3 of some RSUs vested. |
| 05/15/2025 | Date of transaction and date or date of the 2025 Annual Meeting of Stockholders, when the remaining RSUs vested. |
| 05/16/2025 | Date of signature of the report. |
Keywords
Form 4, Beneficial Ownership, Grove Collaborative Holdings, GROV, Naytri Shroff Sramek, Director, Class A Common Stock, Restricted Stock Units, RSU, Vesting
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