GROV Form 4: Director David Glazer Receives 1,959 RSUs; Ownership Rises
Rhea-AI Filing Summary
Grove Collaborative Holdings, Inc. (GROV) reporting person David A. Glazer, a director, was the recipient of 1,959 restricted stock units (RSUs) on 08/15/2025. Each RSU converts to one share of Class A common stock and the RSUs vest 25% on November 15, 2022, with the remainder in quarterly installments over the next 36 months; they have no expiration. After this grant, Glazer beneficially owns 158,077 shares of Class A common stock.
Positive
- 1,959 RSUs granted to a director, aligning executive incentives with shareholder interests
- Beneficial ownership increased to 158,077 Class A shares, reflecting insider stake
Negative
- None.
Insights
TL;DR: Director received a routine RSU grant increasing holdings modestly; no cash transaction or disposition reported.
The Form 4 discloses a grant of 1,959 RSUs to director David A. Glazer, recorded as an acquisition (code M) on 08/15/2025. RSUs convert 1:1 to Class A shares and vest per a multi-year schedule; there is no exercise price or expiration. This is a common equity-based compensation event that increases insider alignment with shareholders but does not immediately affect shares outstanding until vesting occurs.
TL;DR: Compensation appears standard for a director; vesting schedule aligns incentives over time.
The report indicates typical restricted stock units issued to a director with time-based vesting (25% initial tranche then quarterly over 36 months). The absence of unusual vesting conditions or accelerated provisions in the filing suggests standard governance practice. No disposals or price-paid transactions are disclosed, and beneficial ownership after the grant is shown as 158,077 Class A shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,959 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,959 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock These RSUs vest 25% on November 15, 2022, and then in quarterly installments for the next 36 months. The RSUs have no expiration date.