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GROV Form 4: Director David Glazer Receives 1,959 RSUs; Ownership Rises

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

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.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Glazer David A.

(Last) (First) (Middle)
C/O GROVE COLLABORATIVE HOLDINGS, INC.
1301 SANSOME STREET

(Street)
SAN FRANCISCO CA 94111

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Grove Collaborative Holdings, Inc. [ GROV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/15/2025 M 1,959 A (1) 158,077 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 08/15/2025 M 1,959 (2) (3) Class A Common Stock 1,959 (1) 1,968 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
2. These RSUs vest 25% on November 15, 2022, and then in quarterly installments for the next 36 months.
3. The RSUs have no expiration date.
/s/Barbara Wallace, Attorney-in-Fact for David A. Glazer 08/19/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4 filed for GROV disclose?

It disclosed a grant of 1,959 RSUs to director David A. Glazer on 08/15/2025 and reported beneficial ownership of 158,077 Class A shares following the transaction.

What is the conversion ratio and expiration for the RSUs in the GROV filing?

Each RSU converts to one share of Class A common stock and the filing states the RSUs have no expiration date.

What is the vesting schedule for the RSUs granted to the GROV director?

Vesting is 25% on November 15, 2022, then in quarterly installments over the subsequent 36 months, per the filing.

Did the director pay for the RSUs or dispose of any shares in this filing?

No cash payment or disposition is reported; the transaction code is M (acquisition) and no price is listed for the RSUs.

How does this filing affect GROV outstanding shares immediately?

It does not immediately change outstanding shares because RSUs convert to shares upon vesting; the filing reports beneficial ownership, not issued outstanding shares.
Grove Collaborative Holdings Inc

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