Grove director buys 70K shares around $1.05
Grove Collaborative Holdings, Inc. (GROV) director Jason H. Karp reported open-market purchases of Class A Common Stock on September 1–2, 2026, totaling 70,200 shares.
Rhea-AI Filing Summary
Grove Collaborative Holdings, Inc. (GROV) director Jason H. Karp reported open-market purchases of Class A Common Stock on September 1–2, 2026, totaling 70,200 shares. He bought 55,000 shares at a weighted average price of $1.0278 and 15,200 shares at $1.0761, executed in multiple trades within stated price ranges. In addition, an entity he manages, HCI Grove, LLC, holds 1,111,110 shares indirectly, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 70,200 shares
Net Buy
3 txns
Insider
Karp Jason H.
Role
Director
Bought
70,200 shs ($73K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F2 | 15,200 | $1.0761 | $16K |
| Purchase | Class A Common Stock F1 | 55,000 | $1.0278 | $57K |
| holding | Class A Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 590,200 shares (Direct);
Class A Common Stock — 1,111,110 shares (Indirect, by LLC)
Footnotes (3)
- F1. The transaction was executed in multiple trades in prices ranging from $.99 to $1.0873, inclusive. The price reported in Column 4 above reflects the weighted average sales price. The Reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each respective price within the range set forth in this footnote of this Form 4.
- F2. The transaction was executed in multiple trades in prices ranging from $1.04 to $1.0799, inclusive. The price reported in Column 4 above reflects the weighted average sales price. The Reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each respective price within the range set forth in this footnote of this Form 4.
- F3. These securities are directly held by HCI Grove, LLC. of which the Reporting Person is the sole Manager.
Key Figures
Shares purchased September 1, 2026: 55,000 shares
Weighted average price September 1, 2026: $1.0278 per share
Shares purchased September 2, 2026: 15,200 shares
+3 more
6 metrics
Shares purchased September 1, 2026
55,000 shares
Open-market purchase of Class A Common Stock
Weighted average price September 1, 2026
$1.0278 per share
Executed in multiple trades from $0.99 to $1.0873
Shares purchased September 2, 2026
15,200 shares
Open-market purchase of Class A Common Stock
Weighted average price September 2, 2026
$1.0761 per share
Executed in multiple trades from $1.04 to $1.0799
Total shares purchased
70,200 shares
Net buy shares across reported transactions
Indirectly held shares via HCI Grove, LLC
1,111,110 shares
Indirect ownership of Class A Common Stock
Key Terms
Class A Common Stock, weighted average sales price, indirectly held, Rule 10b5-1, +1 more
5 terms
Class A Common Stock financial
"reported open-market purchases of Class A Common Stock on September 1–2, 2026"
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.
weighted average sales price financial
"The price reported in Column 4 above reflects the weighted average sales price"
indirectly held financial
"These securities are directly held by HCI Grove, LLC. of which the Reporting Person is the sole Manager"
Rule 10b5-1 regulatory
"no Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open market or private transaction financial
"Purchase in open market or private transaction"
FAQ
What transactions did GROV director Jason H. Karp report on this Form 4?
He reported two open-market purchases of Grove Collaborative Class A Common Stock on September 1 and 2, 2026, plus an updated indirect holding position through an LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.