Form 4: Grove Collaborative Holdings Executive Christopher Clark Reports Stock Transactions

Christopher Clark, Chief Technology Officer of Grove Collaborative Holdings, reports the vesting and subsequent tax withholding of Class A Common Stock and Restricted Stock Units.

Summary

• On February 15, 2025, Christopher Clark, the Chief Technology Officer of Grove Collaborative Holdings, engaged in transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• Clark acquired shares through the vesting of RSUs and had shares withheld by the company to cover tax obligations.
• The price per share for tax withholding purposes was $1.69.
• The transactions resulted in a net change in Clark's beneficial ownership of Class A Common Stock and RSUs.
• Following the reported transactions, Clark directly owns 197,913 shares of Class A Common Stock and 0 Restricted Stock Units.
• The RSUs vest in quarterly installments, subject to continued service with the company.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

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

Key Dates

Keywords

Form 4, Beneficial Ownership, Christopher Clark, Grove Collaborative Holdings, GROV, Restricted Stock Units, Class A Common Stock, SEC Filing, Insider Trading