Grove CEO acquires shares through RSU vesting
Grove Collaborative Holdings, Inc. President & CEO Jeffrey Michael Yurcisin reported multiple equity transactions involving restricted stock units (RSUs) and Class A Common Stock on February 15, 2026.
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Rhea-AI Filing Summary
Grove Collaborative Holdings, Inc. President & CEO Jeffrey Michael Yurcisin reported multiple equity transactions involving restricted stock units (RSUs) and Class A Common Stock on February 15, 2026. Several RSU awards were exercised for shares at a price of $0.00 per share, and portions of the resulting stock were withheld by the company to cover tax obligations at $1.52 per share. After these exercises and tax-withholding dispositions, he directly held 562,026 shares of Class A Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,250 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,500 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 44,541 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 21,250 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 6,429 | $1.52 | $10K |
| Exercise | Class A Common Stock | 2,500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 757 | $1.52 | $1K |
| Exercise | Class A Common Stock | 44,541 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 13,474 | $1.52 | $20K |
Footnotes (6)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
- F2. These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
- F3. These RSUs vest 25% on August 15, 2024, and then in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
- F4. The RSUs have no expiration date.
- F5. These RSUs will vest in quarterly installments each February 15, May 15, August 15 and November 15 commencing on May 15, 2024, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
- F6. These RSUs will vest in twelve equal installments on each 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 on May 15, 2025, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or the Reporting Person resigns for good reason.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GROV President & CEO Jeffrey Yurcisin report?
Were Jeffrey Yurcisin’s GROV transactions open-market buys or sells?
What does the F transaction code mean in this GROV Form 4 filing?
How do Grove (GROV) RSUs held by the CEO convert into Class A Common Stock?
What vesting terms apply to the Grove (GROV) RSUs referenced in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.