Form 4: Kristine E. Miller Reports Changes in Beneficial Ownership of Grove Collaborative Holdings, Inc.
SEC Form 4 Filing
Director Kristine E. Miller reports transactions involving Grove Collaborative Holdings, Inc. Class A Common Stock and Restricted Stock Units.
Summary
- On May 15, 2025, Kristine E. Miller, a director of Grove Collaborative Holdings, Inc., reported changes in her beneficial ownership of the company's securities.
- Miller acquired 21,243 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
- She also acquired 43,692 shares of Class A Common Stock through the vesting of additional RSUs.
- Following these transactions, Miller beneficially owns 95,947 shares of Class A Common Stock and 139,639 shares of Class A Common Stock.
- She also holds 0 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It is neutral in sentiment as it simply reports facts.
Positives
- The vesting of RSUs indicates that performance or time-based milestones have been met.
- Increased ownership by a director can be seen as a positive signal, aligning the director's interests with those of the shareholders.
Future Outlook
The document does not contain any specific forward-looking statements.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- The increased ownership by a director could be viewed positively by shareholders.
Key Dates
| Date | Description |
|---|---|
| May 15, 2023 | Original vesting date for 1/3 of the RSUs. |
| May 15, 2024 | Original vesting date for 1/3 of the RSUs. |
| May 15, 2025 | Date of transaction and final vesting date for the remaining RSUs. |
| May 16, 2025 | Date of signature on the Form 4 filing. |
Keywords
beneficial ownership, Form 4, Grove Collaborative Holdings, Kristine E. Miller, Class A Common Stock, Restricted Stock Units, director, GROV
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