Grid Dynamics (NASDAQ: GDYN) CFO reports tax withholding of 667 shares

Rhea-AI Filing Summary

GRID DYNAMICS HOLDINGS, INC. reported that CFO Anil Doradla had 667 shares of common stock withheld on 2026-07-28 at $6.14 per share to satisfy tax obligations tied to restricted stock unit net settlement.

After this tax-withholding disposition, he directly holds 397,358 shares of common stock.

Insider Trade Summary

Net Seller: 667 shares

Net Sell 1 txn

Insider Doradla Anil

Role CHIEF FINANCIAL OFFICER

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock F1	667	$6.14	$4K

Holdings After Transaction: Common Stock — 397,358 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 net settlement of restricted stock units.

Key Figures

Shares withheld for taxes: 667 shares Per-share value for withheld shares: $6.14 per share Shares held after transaction: 397,358 shares

3 metrics

Shares withheld for taxes 667 shares Tax-withholding disposition of common stock on 2026-07-28

Per-share value for withheld shares $6.14 per share Value applied to 667 withheld shares in tax-withholding event

Shares held after transaction 397,358 shares Direct common stock holdings of CFO after tax-withholding disposition

Key Terms

restricted stock units, net settlement, tax withholding and remittance obligations

3 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.

net settlement financial

"in connection with net settlement of restricted stock units"

tax withholding and remittance obligations financial

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

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/28/2026 - 08:49 PM Accepted by SEC EDGAR 07/28/2026 - 08:49 PM Learn about SEC filing dates

FAQ

What insider transaction did GDYN CFO Anil Doradla report?

CFO Anil Doradla reported a tax-withholding disposition of 667 shares of GRID DYNAMICS HOLDINGS, INC. common stock on 2026-07-28. The shares were withheld to cover tax obligations related to restricted stock unit net settlement.

How many GDYN shares were involved in the CFO’s 2026-07-28 transaction?

The transaction involved 667 shares of GDYN common stock. These shares were withheld by the issuer to satisfy tax withholding and remittance obligations associated with net settlement of restricted stock units, not reported as an open-market sale.

At what price were the GDYN shares valued in the CFO’s tax-withholding event?

The withheld GDYN shares were valued at $6.14 per share. This price applies to the 667 shares of common stock used to satisfy the chief financial officer’s tax liability from restricted stock unit settlement.

How many GDYN shares does the CFO hold after this Form 4 transaction?

Following the reported tax-withholding disposition, CFO Anil Doradla directly holds 397,358 shares of GRID DYNAMICS HOLDINGS, INC. common stock. This figure reflects his post-transaction direct ownership as stated in the filing’s ownership table.

Was the GDYN CFO’s Form 4 transaction a discretionary sale of shares?

The Form 4 describes the event as a payment of tax liability by delivering or withholding securities, with shares withheld by the issuer for tax obligations on restricted stock units, rather than a discretionary open-market sale.

Did the GDYN CFO use a Rule 10b5-1 trading plan for this transaction?

The Form 4’s Rule 10b5-1 checkbox is not marked as an affirmative plan. The transaction is characterized instead as shares withheld by the issuer to meet tax withholding and remittance obligations from restricted stock unit settlement.

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)
07/28/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/28/2026		F		667(1)	D	$6.14	397,358	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 net settlement of restricted stock units.

Remarks:

	/s/ Anil Doradla	07/28/2026
	** 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)