GDYN COO reports tax-withholding share disposition

GRID DYNAMICS HOLDINGS, INC. chief operating officer Yury Gryzlov reported a tax-related share disposition.

Rhea-AI Filing Summary

GRID DYNAMICS HOLDINGS, INC. chief operating officer Yury Gryzlov reported a tax-related share disposition. On the transaction date, 2,629 shares of common stock were withheld by the company at a price of $6.58 per share to cover tax obligations from vested restricted stock units granted on February 14, 2025. After this withholding for taxes, Gryzlov directly owned 544,679 shares of common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 2,629 shares

Exercise Price or Tax Liability 1 txn

Insider Gryzlov Yury

Role CHIEF OPERATING OFFICER

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	2,629	$6.58	$17K

Holdings After Transaction: Common Stock — 544,679 shares (Direct)

Footnotes (1)

1. F1. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock units granted to the Reporting Person on February 14, 2025.

FAQ

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

What insider transaction did GRID DYNAMICS (GDYN) COO Yury Gryzlov report?

Yury Gryzlov reported a tax-withholding disposition of 2,629 GRID DYNAMICS common shares. The company withheld these shares to satisfy tax obligations arising from the net settlement of vested restricted stock units granted on February 14, 2025.

Was Yury Gryzlov’s GDYN share transaction an open-market sale?

No, the transaction was not an open-market sale. The 2,629 GDYN shares were withheld by the company to cover tax withholding and remittance obligations tied to vested restricted stock units granted on February 14, 2025.

How many GRID DYNAMICS (GDYN) shares does Yury Gryzlov hold after this transaction?

After the tax-withholding disposition, Yury Gryzlov directly holds 544,679 GDYN common shares. This reflects his ownership following the company’s withholding of 2,629 shares to satisfy tax obligations on vested restricted stock units.

What price per share was used for the GDYN tax-withholding shares?

The withheld GDYN shares were valued at $6.58 per share for the tax-withholding transaction. This price applied to the 2,629 common shares used to satisfy the reporting person’s tax obligations on vested restricted stock units.

What triggered the GRID DYNAMICS (GDYN) tax-withholding share disposition?

The disposition was triggered by the net settlement of restricted stock units granted on February 14, 2025. When those units vested, 2,629 GDYN shares were withheld by the company to meet related tax withholding and remittance requirements.

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

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Accepted by SEC EDGAR 02/18/2026 - 05:27 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gryzlov Yury

(Last) (First) (Middle)

C/O GRID DYNAMICS HOLDINGS, INC.

6101 BOLLINGER CANYON ROAD, SUITE 465

(Street)

SAN RAMON CA 94583

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GRID DYNAMICS HOLDINGS, INC. [ GDYN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF OPERATING OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
02/14/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/14/2026		F		2,629(1)	D	$6.58	544,679	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock units granted to the Reporting Person on February 14, 2025.

	/s/ Anil Doradla, by power of attorney	02/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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