GROV legal chief exercises RSUs, covers tax with shares
Grove Collaborative Holdings, Inc. Chief Legal Officer and Secretary Gary Scott Giesler reported routine equity compensation activity in the form of restricted stock unit vesting.
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Form Type
4
Rhea-AI Filing Summary
Grove Collaborative Holdings, Inc. Chief Legal Officer and Secretary Gary Scott Giesler reported routine equity compensation activity in the form of restricted stock unit vesting. On May 15, 2026, he exercised RSUs to acquire 44,275 shares of Class A Common Stock in several transactions.
To cover related tax obligations, the company retained a total of 15,955 shares at a price of $1.24 per share, recorded as tax-withholding dispositions rather than open-market sales. Following these transactions, Giesler directly held 146,345 shares of Class A Common Stock, and 15,000 RSUs remained outstanding and unexpired.
Insider Trade Summary
44,275 shares exercised/converted
Exercise
15 txns
Insider
Giesler Gary Scott
Role
Chief Legal Officer, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,500 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 19,160 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 6,954 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,167 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 11,494 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 895 | $1.24 | $1K |
| Exercise | Class A Common Stock | 19,160 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 6,967 | $1.24 | $9K |
| Exercise | Class A Common Stock | 6,954 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,489 | $1.24 | $3K |
| Exercise | Class A Common Stock | 4,167 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,491 | $1.24 | $2K |
| Exercise | Class A Common Stock | 11,494 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 4,113 | $1.24 | $5K |
Holdings After Transaction:
Restricted Stock Units — 246,656 contracts (Direct);
Class A Common Stock — 172,165 shares (Direct)
Footnotes (8)
- 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. 1/12th of the shares subject to the Award shall vest on each of the Company's Standard Quarterly Vesting Dates (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 February 15, 2025.
- F4. The RSUs have no expiration date.
- F5. 40% of the shares subject to the Award vested on February 15, 2025, with 10% of the shares subject to the Award vesting thereafter on the Company's Standard Quarterly Vesting Dates (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 with May 15, 2025.
- F6. 1/12th of the shares subject to the Award shall vest on each of the Company's Standard Quarterly Vesting Dates (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 May 15, 2025.
- F7. 1/12th of the shares subject to the Award shall vest on each of the Company's Standard Quarterly Vesting Dates (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 November 15, 2025.
- F8. 1/12th of the shares subject to the Award shall vest on each of the Company's Standard Quarterly Vesting Dates (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 May 15, 2026.
Key Figures
RSU shares exercised: 44,275 shares
Shares withheld for taxes: 15,955 shares
Tax withholding price: $1.24 per share
+4 more
7 metrics
RSU shares exercised
44,275 shares
Total derivative exercises (M-code) reported for May 15, 2026
Shares withheld for taxes
15,955 shares
Total F-code tax-withholding dispositions at $1.24 per share
Tax withholding price
$1.24 per share
Price applied to F-code tax-withholding dispositions
Common shares held after transactions
146,345 shares
Direct Class A Common Stock holdings following last non-derivative entry
RSUs remaining
15,000 units
Restricted Stock Units outstanding after reported M-code derivative entries
Tax-withholding transactions
5 transactions
F-code entries classified as tax-withholding dispositions
Derivative exercises
5 transactions
M-code entries classified as derivative exercises/conversions
Key Terms
Restricted Stock Units, tax withholding obligations, Standard Quarterly Vesting Dates, Class A Common Stock, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder"
Standard Quarterly Vesting Dates financial
"1/12th of the shares subject to the Award shall vest on each of the Company's Standard Quarterly Vesting Dates"
Class A Common Stock financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock"
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GROV’s Gary Scott Giesler report?
Gary Scott Giesler reported RSU vesting transactions, exercising awards into 44,275 Class A shares and having 15,955 shares withheld for taxes at $1.24 per share. These were compensation-related, not open-market purchases or sales.
How many GROV RSUs vested and were exercised in this Form 4?
In total, 44,275 restricted stock units vested and were exercised into an equal number of GROV Class A Common Stock shares. Each RSU converts into one share, and the awards carried a $0.00 exercise price according to the Form 4 data.
How many GROV restricted stock units remain after these vesting events?
After these vesting events, Giesler still holds 15,000 restricted stock units. Footnotes explain these RSUs continue to vest in installments on the company’s Standard Quarterly Vesting Dates, providing an ongoing stream of potential share deliveries over time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
