Grid Dynamics Holdings, Inc. filings document the company's public-company reporting for its Nasdaq-listed common stock, including Form 8-K earnings releases and proxy materials.
The filing record covers operating results and revenue commentary for its AI and digital transformation business, vertical performance across technology, retail, finance, manufacturing and other markets, and capital actions such as share repurchase authorization. Governance disclosures include amended and restated bylaws, outside director compensation policy updates, annual meeting proposals, director elections, board structure, and stockholder voting matters.
GRID DYNAMICS HOLDINGS, INC. director and CEO Leonard Livschitz reported a small, non-market share disposition tied to tax obligations. On settlement of restricted stock units granted on February 14, 2025, 236 shares of common stock were withheld by the company at a price of $6.45 per share to cover tax withholding and remittance. These shares are held indirectly through the reporting person’s spouse. After this tax-withholding event, indirect holdings stand at 11,422 common shares, while a separate holding entry shows 3,391,496 common shares held directly. The filing reflects routine equity-based compensation and related tax settlement rather than an open-market sale.
GRID DYNAMICS HOLDINGS, INC. chief operating officer Yury Gryzlov reported an open-market sale of Common Stock. He sold 467 shares at $6.45 per share. After this transaction, he directly owns 519,383 shares, so the sale represents a very small portion of his holdings.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 13, 2025, meaning it was scheduled in advance rather than timed discretionarily. This filing mainly updates investors on a routine, planned insider sale with the executive retaining a large remaining stake.
Grid Dynamics Holdings, Inc. reports that Alyeska Investment Group, L.P., Alyeska Fund GP, LLC and Anand Parekh beneficially own 5,254,813 shares of Class A Common Stock as of March 31, 2026. This holding represents 6.16% of the outstanding common stock. The filing states shares outstanding were 85,353,771 as of March 31, 2026, based on a Form 10-K dated March 5, 2026. The ownership is reported as shared voting and dispositive power: 5,254,813 shares.
Yury Gryzlov filed a Form 144 notifying a proposed sale of common stock and reporting recent dispositions.
The filing lists a proposed sale of 467 shares of Restricted Stock dated 05/14/2026 through Morgan Stanley Smith Barney LLC, and reports prior sales of 1,245 shares on 04/02/2026 and 21,266 shares on 03/10/2026.
GRID DYNAMICS HOLDINGS, INC. reported an insider equity-related tax event involving its Chief Operating Officer, Yury Gryzlov. A Form 4 shows that 632 shares of common stock were withheld by the company at $6.47 per share to satisfy tax obligations tied to the net settlement of restricted stock units granted on February 14, 2025. These shares were not sold in the open market but used to cover withholding and remittance requirements. Following this transaction, Gryzlov directly holds 519,850 shares of Grid Dynamics common stock.
Grid Dynamics Holdings, Inc. is registering 13,889,183 shares of common stock for resale by a selling stockholder. This Post-Effective Amendment converts the registration from a Form S-3ASR (automatic shelf) to a Form S-3 (non-automatic shelf) because the company ceased to be a "well-known seasoned issuer" as of its Form 10-K filing.
The prospectus states the company will not receive proceeds from these resales and that it will pay registration expenses; the selling stockholder may sell shares from time to time through various methods and is not obligated to sell. Shares outstanding were 83,568,279 as of March 31, 2026 (used for beneficial ownership calculations).
Grid Dynamics Holdings, Inc. filed an amended annual report mainly to add Part III information on directors, executive compensation, ownership and governance, and to include updated Section 302 certifications; it does not change the financial statements.
The company has a nine‑member, classified and largely independent board with separate audit, compensation, and nominating/governance committees. All committee members meet Nasdaq independence standards, and one director is designated as an audit committee financial expert.
Executive pay for the CEO, CFO and COO blends base salary, a quarterly performance‑based cash bonus, and long‑term equity. In 2025, revenue and non‑GAAP EBITDA under the Corporate Bonus Plan reached between 83% and 111% of quarterly targets, yielding a $774,000 bonus for the CEO on an $800,000 salary. PSUs tied to 2025 performance under the 2024 program paid out at about 206% of target, driven by $411.8 million in revenue and a 34.8% contribution margin, adjusted by relative TSR and revenue CAGR modifiers.
After only 57% support on the 2025 Say‑on‑Pay vote, the compensation committee removed a legacy equity‑repricing provision from the 2020 Equity Incentive Plan, enhanced PSU disclosure, and still avoided automatic equity grants by granting 2025 long‑term awards only to the COO. The framework also includes a clawback policy, stock ownership guidelines for directors, anti‑hedging and anti‑pledging rules, and double‑trigger change‑in‑control protection in executive employment agreements.
Grid Dynamics Holdings reported first-quarter 2026 revenue of $104.1 million, up 3.7% from a year earlier, driven mainly by stronger demand from large Technology, Media and Telecom clients. The mix shift helped TMT become its largest vertical, contributing 29.5% of revenue.
Higher delivery and operating costs pressured profitability. Gross margin declined to 34.8%, and the company posted a $3.7 million operating loss and a $1.5 million net loss, versus a $2.9 million profit a year earlier, as stock-based compensation and general and administrative spending remained significant.
Cash generation stayed positive: operating cash flow was $8.4 million, and cash and cash equivalents totaled $327.5 million with no debt outstanding. The company repurchased 1.8 million shares for $11.5 million under a $50 million buyback program while continuing to invest in AI-focused capabilities and geographic delivery capacity.
Grid Dynamics reported first quarter 2026 revenue of $104.1 million, slightly above its guidance range of $103.0–$104.0 million and up 3.7% year over year. AI-related revenue reached 29.3% of total revenue, reflecting growing demand for its GAIN AI platforms across multiple industries.
TMT was the largest growth driver at 30.3% year-over-year growth and 29.5% of revenue, while Retail contributed 28.4% and Finance 23.5%. GAAP results flipped to a small net loss of $1.5 million, but non-GAAP net income was $7.5 million and non-GAAP EBITDA was $12.5 million. The company ended the quarter with $327.5 million in cash and guided 2026 revenue to $435.0–$465.0 million, implying 5.6–12.9% year-over-year growth.