Grove Collaborative (GROV) director exercises RSUs, receives 59,200 shares
Rhea-AI Filing Summary
Grove Collaborative Holdings, Inc. director Naytri Shroff exercised restricted stock units into Class A Common Stock. The Form 4 shows the exercise of 59,200 shares of Class A Common Stock at a stated price of $0.00 per share.
Following this non‑cash, compensation-related exercise, Shroff directly holds 198,839 shares of Class A Common Stock. The filing does not report any open‑market purchases or sales, only the derivative exercise of restricted stock units into common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 59,200 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 59,200 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
- F2. These RSUs will fully vest on the earlier of May 15, 2026 or the date of the 2026 Annual Meeting of Stockholders.
- F3. The RSUs have no expiration date.
Key Figures
Key Terms
Restricted Stock Units financial
Class A Common Stock financial
derivative security financial
Exercise or conversion of derivative security financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Grove Collaborative (GROV) disclose in this Form 4?
The Form 4 shows director Naytri Shroff exercised restricted stock units into 59,200 shares of Class A Common Stock. This was a derivative exercise, not an open‑market trade, and reflects equity compensation being converted into common shares.
Was the Grove Collaborative (GROV) Form 4 a stock purchase or sale?
The Form 4 does not report any open‑market purchases or sales. It records a derivative exercise, where restricted stock units were converted into 59,200 shares of Class A Common Stock as part of equity compensation.
What type of security did the Grove Collaborative (GROV) director exercise?
The director exercised Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Class A Common Stock. In this transaction, 59,200 RSUs were converted into an equal number of common shares.
Do the Grove Collaborative (GROV) RSUs in this Form 4 have an expiration date?
The footnotes state that these restricted stock units have no expiration date. They represent a contingent right to receive one share of Class A Common Stock for each unit under the applicable vesting terms.
What does transaction code "M" mean in the Grove Collaborative (GROV) Form 4?
Transaction code "M" in this Form 4 indicates an exercise or conversion of a derivative security. Here, it reflects the conversion of restricted stock units into 59,200 shares of Grove Collaborative Class A Common Stock.