Grid Dynamics officer proposes $110K share sale

Gryzlov’s notice lists performance shares acquired from the issuer on February 21, 2023, and five common-stock sales from August through October 2026.

Available on EDGAR 10/30/2026 - 04:04 PM EDT Accepted by SEC EDGAR 10/30/2026 - 04:03 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Grid Dynamics Holdings, Inc. (GDYN) is the issuer for Officer Yury Gryzlov’s proposed sale of 10,512 common shares, with an aggregate market value of $110,481.12 and an approximate sale date of October 30, 2026. Morgan Stanley Smith Barney LLC is listed as broker, and the issuer’s shares outstanding are listed as 80,370,132.

The shares are identified as performance shares acquired from the issuer on February 21, 2023. The notice also lists five common-stock sales by Gryzlov between August 13 and October 8, 2026.

Key Figures

Proposed shares for sale: 10,512 common shares Aggregate market value: $110,481.12 Shares outstanding: 80,370,132 shares +5 more

8 metrics

Proposed shares for sale 10,512 common shares Approximate sale date October 30, 2026

Aggregate market value $110,481.12 Proposed sale

Shares outstanding 80,370,132 shares Issuer figure in the securities information

Common shares sold October 8, 2026 4,849 shares Sale during the prior three months

Common shares sold October 2, 2026 1,245 shares Sale during the prior three months

Common shares sold September 3, 2026 3,918 shares Sale during the prior three months

Common shares sold August 18, 2026 467 shares Sale during the prior three months

Common shares sold August 13, 2026 3,930 shares Sale during the prior three months

Key Terms

Rule 144, Performance Shares

2 terms

Rule 144 regulatory

"paragraph (a) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Performance Shares financial

"Performance Shares"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GDYN shares did Yury Gryzlov propose to sell?

Yury Gryzlov proposed to sell 10,512 common shares, with an aggregate market value of $110,481.12 and an approximate sale date of October 30, 2026. Morgan Stanley Smith Barney LLC is listed as the broker.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001805673
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	GRID DYNAMICS HOLDINGS, INC.
SEC File Number	001-38685
Address of Issuer	6101 Bollinger Canyon Road, Suite 465 San Ramon CALIFORNIA 94583
Phone	(650) 523-5000
Name of Person for Whose Account the Securities are To Be Sold	YURY GRYZLOV
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	10512	110481.12	80370132	10/30/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/21/2023	Performance Shares	ISSUER			10512	02/21/2023	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
YURY GRYZLOV 6101 Bollinger Canyon Road, Suite 465 San Ramon CA 94583	Common	10/08/2026	4849	38792.00
YURY GRYZLOV 6101 Bollinger Canyon Road, Suite 465 San Ramon CA 94583	Common	10/02/2026	1245	10532.70
YURY GRYZLOV 6101 Bollinger Canyon Road, Suite 465 San Ramon CA 94583	Common	09/03/2026	3918	31344.00
YURY GRYZLOV 6101 Bollinger Canyon Road, Suite 465 San Ramon CA 94583	Common	08/18/2026	467	3516.51
YURY GRYZLOV 6101 Bollinger Canyon Road, Suite 465 San Ramon CA 94583	Common	08/13/2026	3930	31440.00

144: Remarks and Signature

Remarks
Date of Notice	10/30/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	11/13/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Yury Gryzlov
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)