Form 4: Grove Collaborative Holdings Interim CFO Reports Changes in Beneficial Ownership

Thomas Siragusa, Interim CFO of Grove Collaborative Holdings, reports acquisition and disposal of Class A Common Stock and Restricted Stock Units on May 15, 2025, through vesting and tax withholding.

Summary

• On May 15, 2025, Thomas Siragusa, the Interim CFO of Grove Collaborative Holdings, reported changes in his beneficial ownership of the company's securities.
• These changes involve transactions in Class A Common Stock and Restricted Stock Units (RSUs).
• Siragusa acquired shares through the vesting of RSUs and had shares withheld by the company to cover tax obligations.
• Specifically, he acquired 17,009 shares of Class A Common Stock through RSU vesting and disposed of 7,771 shares to cover tax liabilities at a price of $1.19 per share.
• Following these transactions, Siragusa directly owns 38,924 shares of Class A Common Stock and 76,495 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.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive stock ownership.
• Employees holding RSUs are impacted by the vesting schedules and tax implications.

Key Dates

Keywords

Form 4, Beneficial Ownership, Thomas Siragusa, Interim CFO, Grove Collaborative Holdings, GROV, Class A Common Stock, Restricted Stock Units, RSUs, Vesting, Tax Withholding