Form 4: John B. Replogle Reports Changes in Beneficial Ownership of Grove Collaborative Holdings, Inc.
SEC Form 4 Filing
Director John B. Replogle reports transactions involving Class A Common Stock and Restricted Stock Units of Grove Collaborative Holdings, Inc.
Summary
- On May 15, 2024, John B. Replogle, a director of Grove Collaborative Holdings, Inc., reported changes in his beneficial ownership of the company's securities.
- The transactions involved the vesting of Restricted Stock Units (RSUs) and the acquisition of Class A Common Stock.
- Replogle acquired 3,920 shares, 32,222 shares and 3,093 shares of Class A Common Stock through the vesting of RSUs.
- Following these transactions, Replogle directly owns 388,840 shares of Class A Common Stock and indirectly owns 53 shares through Replogle Family LLC.
- He also directly owns 23,523, 0 and 18,558 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading and provide investors with information about the trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 11/15/2022 | 30% of some RSUs vested |
| 05/15/2024 | Date of transactions involving Class A Common Stock and RSUs |
| 05/15/2024 | RSUs will fully vest on the earlier of May 15, 2024 or the date of the 2024 Annual Meeting of Stockholders. |
| 05/16/2024 | Date of signature on the Form 4 filing |
| 11/15/2025 | Date when some RSUs will be fully vested |
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