GDYN (GDYN) CFO has 2,108 shares withheld for tax on RSU settlement

Rhea-AI Filing Summary

GRID DYNAMICS HOLDINGS, INC. Chief Financial Officer Anil Doradla reported a routine tax-related share disposition. On April 1, 2026, 2,108 shares of common stock were withheld at $5.64 per share to satisfy tax obligations from the net settlement of restricted stock units. These shares were not sold in the open market. After this withholding, Doradla directly holds 400,845 shares of GRID Dynamics common stock.

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	2,108	$5.64	$12K

Holdings After Transaction: Common Stock — 400,845 shares (Direct)

Footnotes (1)

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Key Figures

Shares withheld for taxes: 2,108 shares Withholding price per share: $5.64 per share Shares held after transaction: 400,845 shares

3 metrics

Shares withheld for taxes 2,108 shares Tax-withholding disposition on April 1, 2026

Withholding price per share $5.64 per share Value used for tax-withholding disposition

Shares held after transaction 400,845 shares Direct GDYN common stock holdings after tax withholding

Key Terms

tax withholding, restricted stock units, net settlement, tax-withholding disposition

4 terms

tax withholding financial

"shares that have been 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.

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 disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Form 4 Insider Transactions: What Each Field Means →

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)
04/01/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		F		2,108(1)	D	$5.64	400,845	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	04/01/2026
	** 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)

FAQ

What insider transaction did GDYN CFO Anil Doradla report on this Form 4?

GDYN CFO Anil Doradla reported a tax-withholding disposition of 2,108 common shares. The shares were withheld by the company to cover tax obligations from net settlement of restricted stock units, rather than sold in an open-market transaction.

Was the GDYN CFO’s Form 4 transaction an open-market sale of shares?

No, the GDYN CFO’s Form 4 transaction was not an open-market sale. The 2,108 shares were withheld by the issuer solely to satisfy tax withholding and remittance obligations tied to restricted stock unit settlement.

How many GRID Dynamics (GDYN) shares were withheld for taxes in this filing?

A total of 2,108 GRID Dynamics common shares were withheld for taxes. The shares were valued at $5.64 each for this purpose, according to the Form 4 transaction details and accompanying footnote explanation.

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

After the tax-withholding disposition, CFO Anil Doradla directly holds 400,845 GDYN common shares. This remaining position shows the withholding was relatively small compared with his total reported direct ownership in the company’s stock.

What does the F transaction code mean in the GDYN Form 4 filing?

In the GDYN Form 4, the F transaction code indicates a tax-withholding disposition. It reflects payment of exercise price or tax liability by delivering securities, rather than a discretionary purchase or sale in the open market.