Grid Dynamics (GDYN) director Shuo Zhang reports bona fide gift of 5,134 shares

Rhea-AI Filing Summary

GRID DYNAMICS HOLDINGS, INC. director Shuo Zhang reported a bona fide gift of 5,134 shares of common stock on 2026-08-07. The gift was made for no consideration. Following this transfer, Zhang’s directly held position is reported as 104,772 shares of common stock.

Insider Trade Summary

Net Seller: 5,134 shares

Net Sell 1 txn

Insider Zhang Shuo

Role Director

Type	Security	Shares	Price	Value
Gift	Common Stock F1	5,134	$0.00	$0.00

Holdings After Transaction: Common Stock — 104,772 shares (Direct)

Footnotes (1)

1. F1. This transaction involved a bona fide gift of shares by the reporting person for no consideration.

Key Figures

Shares gifted: 5,134 shares Price per share: $0.0000 Shares held after transaction: 104,772 shares +1 more

4 metrics

Shares gifted 5,134 shares Bona fide gift of common stock on 2026-08-07 (transaction code G)

Price per share $0.0000 Reported transaction price per share for the gifted common stock

Shares held after transaction 104,772 shares Directly held GRID DYNAMICS common stock following the gift

Total gifted shares in filing 5,134 shares GiftCount and giftShares from transaction summary

Key Terms

bona fide gift, Form 4, common stock

3 terms

bona fide gift financial

"This transaction involved a bona fide gift of shares by the reporting person"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Form 4 regulatory

"INSIDER FILING DATA (Form 4): reporting an insider equity transaction"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

common stock financial

"Security title for the reported transaction is listed as 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.

FAQ

What insider transaction did GRID DYNAMICS (GDYN) report for Shuo Zhang?

Shuo Zhang, a director of GRID DYNAMICS, reported a bona fide gift of 5,134 shares of common stock on 2026-08-07, made for no consideration, according to the Form 4 filing.

How many GDYN shares did Shuo Zhang transfer in the latest Form 4?

Shuo Zhang transferred 5,134 shares of GRID DYNAMICS common stock. The transaction is coded as a G (bona fide gift), indicating the shares were gifted rather than sold for value.

What is Shuo Zhang’s GDYN shareholding after the reported gift?

After the reported gift of 5,134 shares, Shuo Zhang’s directly held position is 104,772 shares of GRID DYNAMICS common stock, as disclosed in the Form 4 following-transaction holdings field.

Was the GDYN insider transaction executed under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote stating a trading plan. The bona fide gift of 5,134 shares was therefore not reported as made under a 10b5-1 plan.

Did Shuo Zhang receive any consideration for the GDYN share transfer?

No consideration was received. A footnote states the transaction involved a bona fide gift of GRID DYNAMICS shares by the reporting person for no consideration, and the per-share price is reported as $0.0000.

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 08/10/2026 - 05:30 PM Accepted by SEC EDGAR 08/10/2026 - 05:30 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^*

Zhang Shuo

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026

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	08/07/2026		G		5,134	D	$0(1)	104,772	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. This transaction involved a bona fide gift of shares by the reporting person for no consideration.

Remarks:

	/s/Anil Doradla, by power of attorney	08/10/2026
	** 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)