Grove Collaborative (GROV) updates officer RSU holdings
Rhea-AI Filing Summary
Grove Collaborative Holdings, Inc. (GROV) reports that officer Gary Scott Giesler holds 38,320 Restricted Stock Units (RSUs), each representing one share of Class A Common Stock. Footnotes state that 40% of the shares subject to this RSU award vested on February 15, 2025, with 10% vesting on each standard quarterly vesting date thereafter beginning May 15, 2025. The RSUs have no expiration date. The reported amount reflects a 120‑share increase compared with the number of shares previously reported on the original Form 3.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Giesler Gary Scott
Role
Chief Legal Officer, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units F4, F1, F2, F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 38,320 shares (Direct)
Footnotes (4)
- F1. 40% of the shares subject to the Award vested on February 15, 2025, with 10% of the shares subject to the Award vesting thereafter on the Company's Standard Quarterly Vesting Dates (February 15th, May 15th, August 15th and November 15th of each year; provided, that if such date occurs on a weekend or federal holiday, vesting shall occur on the next business day) beginning with May 15, 2025.
- F2. The RSUs have no expiration date.
- F3. This amount represents an increase of 120 shares to the number of shares incorrectly reported on the original Form 3 filed 04/08/2026
- F4. Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
Key Figures
RSUs underlying shares: 38,320 shares
Initial vesting portion: 40%
Subsequent vesting portion: 10%
+1 more
4 metrics
RSUs underlying shares
38,320 shares
Class A Common Stock underlying Restricted Stock Units held directly
Initial vesting portion
40%
Portion of RSU award that vested on February 15, 2025
Subsequent vesting portion
10%
Portion of RSU award vesting on each standard quarterly vesting date beginning May 15, 2025
Correction to prior report
120 shares
Increase versus number of shares incorrectly reported on original Form 3 filed 04/08/2026
Key Terms
Restricted Stock Units, Class A Common Stock, Standard Quarterly Vesting Dates
3 terms
Restricted Stock Units financial
"security_title: "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.
Class A Common Stock financial
"underlying_security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Standard Quarterly Vesting Dates financial
"vesting thereafter on the Company's Standard Quarterly Vesting Dates"
FAQ
What insider holdings does GROV report for Gary Scott Giesler in this Form 3/A?
The company reports that Gary Scott Giesler holds 38,320 Restricted Stock Units, each convertible into one share of Class A Common Stock, reflecting his current direct equity-based position from this award.
How do the RSUs for GROV’s Gary Scott Giesler vest over time?
According to Grove Collaborative (GROV), 40% of the RSU award vested on February 15, 2025, with an additional 10% vesting on each standard quarterly vesting date starting May 15, 2025.
Do Gary Scott Giesler’s GROV RSUs have an expiration date?
The filing states that the RSUs have no expiration date. They remain outstanding subject to the vesting schedule and any other applicable award or employment agreement terms specified by Grove Collaborative.
What correction does this Form 3/A make to Gary Scott Giesler’s GROV holdings?
The amended report indicates the RSU amount represents an increase of 120 shares from what was incorrectly reported on the original Form 3 filed on April 8, 2026, correcting his disclosed holdings.
What does each RSU reported for GROV’s Gary Scott Giesler represent?
Each Restricted Stock Unit reported for Grove Collaborative (GROV) represents a contingent right to receive one share of the company’s Class A Common Stock, subject to the specified vesting conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
