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.
FAQ
What did the Form 4 filed for GROV disclose?
What is the conversion ratio and expiration for the RSUs in the GROV filing?
What is the vesting schedule for the RSUs granted to the GROV director?
Did the director pay for the RSUs or dispose of any shares in this filing?
How does this filing affect GROV outstanding shares immediately?