GRID DYNAMICS (GDYN) CFO reports 2,118-share tax withholding on RSU settlement

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

GRID DYNAMICS HOLDINGS, INC. Chief Financial Officer Anil Doradla reported a routine tax-related share disposition. On this date, 2,118 shares of common stock were withheld by the company at an implied value of $6.24 per share to satisfy tax obligations tied to restricted stock units. After this tax withholding event, Doradla directly held 398,025 shares of common stock, indicating the transaction affected only a small portion of his overall equity position.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Doradla Anil

Role CHIEF FINANCIAL OFFICER

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,118	$6.24	$13K

Holdings After Transaction: Common Stock — 398,025 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 2,118 shares Implied price per share: $6.24 per share Shares held after transaction: 398,025 shares

3 metrics

Shares withheld for taxes 2,118 shares Tax withholding disposition on common stock

Implied price per share $6.24 per share Value used for tax-withholding shares

Shares held after transaction 398,025 shares Direct common stock ownership after withholding

Key Terms

restricted stock units, tax withholding, net settlement, common stock

4 terms

restricted stock units financial

"in connection with net settlement of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding financial

"withheld by the Issuer to satisfy tax withholding and remittance obligations"

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

net settlement financial

"in connection with net settlement of restricted stock units"

common stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:21 PM Accepted by SEC EDGAR 07/02/2026 - 04:19 PM

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^*

Doradla Anil

(Last)

(First)

(Middle)

C/O GRID DYNAMICS HOLDINGS, INC.

6101 BOLLINGER CANYON ROAD, SUITE 465

(Street)

SAN RAMON

CALIFORNIA

94583

(City)

(State)

(Zip)

UNITED STATES

(Country)

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 FINANCIAL OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/01/2026		F		2,118⁽¹⁾	D	$6.24	398,025	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with net settlement of restricted stock units.

Remarks:

	/s/ Anil Doradla	07/02/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did GRID DYNAMICS (GDYN) CFO Anil Doradla report?

GDYN’s CFO Anil Doradla reported a tax-related disposition of 2,118 common shares. These shares were withheld by the company to cover tax obligations from restricted stock unit settlement, rather than being sold in the open market, making this a routine administrative transaction.

Was the GRID DYNAMICS (GDYN) CFO’s Form 4 transaction an open-market sale?

No, the 2,118 GDYN shares were not sold on the market. The company withheld them to satisfy tax withholding and remittance obligations tied to restricted stock units, so this filing reflects a mechanical tax event, not a discretionary stock sale decision.

How many GRID DYNAMICS (GDYN) shares were withheld for taxes in the CFO’s filing?

A total of 2,118 GDYN common shares were withheld to cover taxes. The implied price per share in the filing was $6.24, and the disposition is described as satisfying tax withholding obligations arising from net settlement of restricted stock units.

How many GRID DYNAMICS (GDYN) shares does the CFO hold after this Form 4 event?

Following the tax withholding of 2,118 shares, CFO Anil Doradla directly holds 398,025 GDYN common shares. This indicates that the tax-related disposition affected only a small fraction of his overall reported ownership position in the company’s stock.

What does the footnote in the GRID DYNAMICS (GDYN) CFO Form 4 explain?

The footnote clarifies that the 2,118 GDYN shares were withheld by the issuer to satisfy tax withholding and remittance obligations. This occurred in connection with net settlement of restricted stock units, confirming the event is compensation-related rather than a voluntary sale.