Grove Collaborative (GROV) director exercises RSUs, withholds shares for taxes
Rhea-AI Filing Summary
Grove Collaborative Holdings director Stuart Landesberg reported equity award activity involving restricted stock units and Class A common stock. On February 15, 2026, he exercised 45,059 restricted stock units, converting them into 45,059 shares of Class A common stock at a stated price of $0.00 per share.
To cover associated tax withholding obligations from this vesting, 18,466 Class A shares were retained by the company at $1.52 per share, described as not exceeding the related tax liability. After these transactions, Landesberg directly held 1,524,247 Class A shares, and an additional 123,558 Class A shares were held indirectly through The Landesberg Living Trust, dated October 15, 2021, for which he and his spouse serve as co‑trustees.
Positive
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Negative
- None.